The Hong Kong Legislative Council released the first special news in 2025: is reviewing the draft stabilization currency regulations in detail

PANews According to news on January 25, the Hong Kong Legislative Council released the first special newsletter in 2025 "Consolidating Hong Kong's Position as an International Financial Center". The special newsletter is a new service launched by the Parliamentary Affairs Department of the Hong Kong Legislative Council Secretariat in December 2024. The latest The special bulletin stated: The Legislative Council Bills Committee is reviewing in detail the "Companies (Amendment) 2024 (Article 2024)". No. 2) Bill and the Stablecoin Bill introduce a mechanism to facilitate the relocation of overseas registered companies to Hong Kong, and introduce a licensing system for issuers of fiat currency stablecoins. Regarding the development of financial technology, the House Committee of the Legislative Council has established a subcommittee , review the application and development of Web3 and virtual asset technology in Hong Kong and make recommendations on the implementation of relevant regulations and policies.