Odaily Planet Daily News - The Legislative Council of Hong Kong released its first special newsletter in 2025, "Consolidating Hong Kong's position as an international financial center". The special newsletter is a new service launched by the Parliamentary Affairs Department of the Legislative Council Secretariat of Hong Kong in December 2024. The latest special newsletter stated: The Legislative Council Bills Committee is reviewing in detail the "Companies (Amendment) (No. 2) Bill 2024" and the "Stablecoin Bill" to introduce a mechanism to facilitate the relocation of overseas registered companies to Hong Kong, and introduce a licensing system for fiat stablecoin issuers. Regarding the development of financial technology, the Legislative Council's House Committee has established a subcommittee to review the application and development of Web3 and virtual asset technology in Hong Kong and make recommendations on the implementation of relevant regulations and policies.