Odaily Planet Daily News: Recently, several large international virtual asset trading platforms have withdrawn their license applications in Hong Kong. Gu Ronghui, co-founder of CertiK and a member of the Web 3.0 Development Task Force, stated that the Hong Kong government should first regulate the existing large virtual currency industry stakeholders, encouraging them to move towards compliance, which would have a more meaningful impact on the industry. Regarding Circle, the world's second-largest stablecoin issuer, expressing interest in developing in Hong Kong, CertiK can assist in verifying Circle's reserves in other locations. (Hong Kong Economic Journal)