Chen Maobo, Financial Secretary of the Hong Kong Special Administrative Region Government, said at the 2023 Caixin Summer Summit that some virtual asset service providers do operate irregularly. Operate the platform, but also be a banker. But the basic technology of Internet 3.0 is the blockchain. Whether you like it or not, the blockchain will definitely continue to develop in the future. Blockchain can build an open, secure and low-cost platform. Hong Kong plans to introduce a suitable regulatory system to promote the continued responsible development of Internet 3.0 and virtual assets in Hong Kong.