Odaily Planet Daily News: Hong Kong China News Service published an article titled "Has the attitude of multiple platforms withdrawing from Hong Kong to embrace the virtual asset market changed?" The article pointed out that the Hong Kong Securities Regulatory Commission has set a transition period for virtual asset licensing. Platforms that have not applied for licenses before must end their business on or before May 31, 2024. Most platforms choose to withdraw from the Web 3.0 market, which seems to have cooled down. Chen Baihui, dean of the Asian Digital Economy Academy of Singapore, pointed out that Hong Kong's support for the development of the digital economy does not mean that it fully tolerates the conflict between cryptocurrencies and current regulatory policies, nor will it accept Web3.0 project parties that use Hong Kong as a safe haven to evade the supervision of other countries and regions. Security is a must, and development is necessary. This was the focus of the Hong Kong Financial Secretary's speech at the Web3.0 Technology Week at the end of last year. After experiencing the virtual currency fraud investment case, this also shows the Hong Kong government's attitude towards a sound market and embracing the future. (Hong Kong News Network) http://www.hkcna.hk/docDetail.jsp?id=100691054