On February 26th, Wanxiang Blockchain and HashKey Group Chairman Xiao Feng said that when talking about the second virtual asset policy declaration to be issued in Hong Kong, his biggest expectation is not to implement industry rules that are higher and stricter than those in the United States. He pointed out that the industry does not expect rules to be looser than those in the United States, but only hopes to be on par with the United States. He cited the example of Alibaba choosing to go public in the United States instead of in Hong Kong due to the stricter rules in Hong Kong compared to the New York Stock Exchange, and urged not to let similar situations happen again in the virtual asset market.

Earlier news, Hong Kong will issue the second virtual asset policy declaration.