Odaily星球日报讯 Hong Kong Minister of Finance and Treasury, Xu Zhengyu, stated in the Legislative Council that this year a draft regulation for the regulation of fiat stablecoin issuers will be submitted to the Legislative Council. Regarding the application of artificial intelligence in the financial market, last month a policy declaration was issued clarifying the government's policy position and guidelines to promote the responsible use of artificial intelligence in the financial services industry, adapting to local conditions to accelerate the cultivation of new quality productivity. In addition, efforts will continue in various directions to promote the broader application of tokenization technology in the capital market, optimize various categories of the mBridge project platform, and further expand the participation of public and private institutions, while continuing to develop and refine relevant systems and industry standards for the tokenized market through the Ensemble project. (Hong Kong Government News Bulletin)