According to Foresight News, Shi Ziyuan, head of proprietary investment at China Renaissance, highlighted the positive impact of Hong Kong's regulatory measures on the digital asset industry. He noted that initiatives such as the Digital Asset Declaration 2.0, the Stablecoin Ordinance, and licensing guidelines are fostering confidence and vitality in the sector.
Shi emphasized that the legalization and compliance of stablecoins are crucial in attracting mainstream institutions, quality capital, and innovative enterprises. This development is expected to enhance the financial ecosystem of Hong Kong's digital asset industry, contributing to its growth and maturity.