Wu said that the CEO of the Hong Kong Securities and Futures Commission, Laura Liang, stated at the Caixin Summit that Hong Kong is advancing the expansion of virtual asset regulation, which will include over-the-counter trading platforms and custodians in addition to licensed exchanges. She pointed out that the Securities and Futures Commission will continue to support spot virtual asset ETFs and staking services, build a 'compliant and sustainable' virtual asset ecosystem, and promote financial technology applications such as securities tokenization and blockchain.