Hong Kong's Legislative Council is advancing the "Stablecoin Regulation Bill" to establish a regulatory framework for fiat-backed stablecoin issuers. Meanwhile, the first spot ETFs for Bitcoin and Ethereum have been listed in Hong Kong, and legislator Wu Jiezhuang expresses optimism about the integration of cryptocurrency with the real economy. He believes that improving the legal framework will help solidify Hong Kong's status as an international financial center. However, last year, losses from cryptocurrency-related cases exceeded HKD 4.3 billion, reminding investors to choose licensed platforms carefully and to invest within their means. What do you think? 💬