Hong Kong Legislative Council member Yan Gang: Hong Kong should have a certain say in the pricing of virtual asset transactions

the Web3 and Virtual Asset Development Subcommittee of the Hong Kong Legislative Council held a meeting on November 19 to discuss promoting the application of Blockchain technology and Web3 development. Business member Yan Gang suggested combining the development of virtual asset indices and stablecoins in Hong Kong to give the city a certain amount of pricing power in virtual asset trading and hopes that the government will make further plans in this area.