On June 26, 2025, the Hong Kong government launched the 'Digital Asset Development Policy Declaration 2.0,' focusing on practical applications and ecological construction in the digital asset space. This declaration includes measures for stablecoins, public consultations on licensing, and aims to enhance Hong Kong's position as a global innovation hub for digital assets. Over 40 institutions are already engaged in this initiative, reflecting a strong commitment to the development of a robust digital asset ecosystem.