🎉 Big News! The Hong Kong Legislative Council has passed the Stablecoin Regulation Bill today in the third reading. Major institutions can apply to become compliant stablecoin issuers by the end of the year! This marks an important step for Hong Kong towards becoming a global Web3 hub! 💼 In the future, there will be more stablecoin application scenarios, such as cross-border trade and retail transactions, with huge potential for financial innovation! Friends who are interested, let's discuss together!