Techub News report, according to the Hong Kong Economic Journal, the Legislative Council's Web3 and Virtual Assets Development Committee held a meeting on November 19 to discuss promoting the application of blockchain technology and the development of Web3. Business sector member Yan Gang suggested combining the virtual asset index with the development of local stablecoins, allowing Hong Kong to gain some influence in the pricing power of virtual asset trading. He hopes the SAR government will further plan in this area.