Before attending the Executive Council meeting, Hong Kong Chief Executive John Lee met with the media and was asked about the suspension of the basketball betting tax. He stated that the Civil Rights and Youth Development Bureau needs to conduct regular reviews and wants to manage risks before continuing to implement the basketball betting tax policy. He believes this move is appropriate. Lee emphasized that the suspension of the policy is not only due to gambling but also related to cryptocurrencies. The Hong Kong government has seen a significant increase in the trading volume of illegal gambling "prediction markets," which is related to the ability to place bets through cryptocurrencies. Therefore, the policy should not be blindly pushed forward. (HK01)