According to Foresight News, at the Ninth Hong Kong FinTech Week, Christopher Hui, Secretary for Financial Services and the Treasury, announced that Hong Kong will introduce stablecoin regulatory guidelines by the end of the year. Additionally, the second round of consultations on over-the-counter (OTC) virtual asset regulation for 2025 will be completed. Hui also mentioned that Hong Kong may offer tax incentives for virtual asset investments in the future, further solidifying their role in asset allocation.