Techub News reports that, according to the 'Hong Kong Economic Journal', the non-profit organization Hong Kong Digital Asset Anti-Money Laundering Professional Committee (DAAMC) has been established with the support of the Hong Kong Virtual Asset Industry Association, with participation from firms like Slow Mist and Round Coin. This organization is dedicated to developing and promoting anti-money laundering and counter-terrorism financing (AML/CFT) standards and practices by fostering collaboration among regulated financial institutions. Round Coin Technology stated that the committee brings together the expertise of leading institutions to formulate global AML/CFT standards. Additionally, the committee will release two technical reports on stablecoin anti-money laundering and will hold a seminar at the end of the month.