According to online reports, at the Hong Kong Digital Finance Awards 2025 Award Ceremony today, Hong Kong Secretary for Financial Services and the Treasury Hui Ching-yu said that Hong Kong is vigorously promoting the development of digital assets and has gradually built a system that balances risk management and investor protection, as well as industry development. The regulatory framework promotes the sustainable development of Hong Kong's digital asset ecosystem. Xu Zhengyu mentioned that the Hong Kong Stock Exchange has developed Hong Kong's first batch of digital asset indices to provide investors with transparent and reliable bitcoin and Ethereum price benchmarks in Asian time zones and support Hong Kong's development into Asia's leading digital asset center. The stablecoin issuer licensing system to be implemented next month will help promote the development of practical application scenarios and support Hong Kong's development into Asia's leading digital asset center.