Wu said that he learned that Hong Kong Financial Services and the Treasury Bureau Secretary Paul Chan said at the Legislative Council meeting on November 14 that in terms of the sustainable development of virtual assets, we will submit a draft bill to the Legislative Council this year to regulate fiat stablecoin issuers. We are also adjusting the proposal to regulate virtual asset over-the-counter trading services, with the goal of completing the second round of public consultation next year and submitting a proposed licensing system to regulate virtual asset custody service providers.