According to Odaily, Hong Kong's government has released the "Hong Kong Digital Asset Development Policy Declaration 2.0," officially changing the term "virtual assets" to "digital assets." Industry experts believe that the term "digital assets" is more comprehensive, encompassing the tokenization of existing financial products and presenting a more positive image. Hong Kong Legislative Council member Duncan Chiu stated that the renaming broadens the scope of digital assets and clearly outlines the next steps in policy vision and direction.