Techub News reports that on August 7, Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, stated during his speech at the 'Anchoring' Future Summit of Web3.0 and the Release of RWA Research and Technology Achievements that tokenization, as a hot topic in global financial technology, is profoundly changing the way financial markets operate. Hong Kong has achieved significant results in the field of tokenization, establishing a leading position globally. In terms of optimizing the legal and regulatory framework, the stablecoin bill came into effect on August 1 this year, providing a clear regulatory framework for stablecoin issuers. Meanwhile, public consultations for digital asset trading service providers and digital asset custody service providers are currently ongoing and will conclude by the end of this month.