Odaily News Hong Kong Legislative Council member Wu Jiezhuang said on the The situation in Hong Kong. I sincerely invite Mr. Vitalik to come to Hong Kong to understand the situation. I am willing to coordinate with relevant institutions and enterprises to share the situation in Hong Kong with them. Hong Kong is a special administrative region with complete procedures for formulating policies and laws. Under one country, two systems, Hong Kong has legislative power. As a member of the Legislative Council of the Hong Kong Special Administrative Region, I would like to share with you that every policy or legislation in Hong Kong requires a period of discussion, including government policy writing, public consultation, and discussions in multiple committees of the Legislative Council and the General Assembly. etc., so I hope Vitalik understands the actual situation. The country and Hong Kong do not have the complicated situation Vitalik said. The central government has always expressed support for the development of Hong Kongs one country, two systems, so Hong Kong has room to formulate policies on virtual assets, and welcomes global compliance companies to develop in Hong Kong . Wu Jiezhuang finally said: Hong Kongs policies and laws will not change overnight. All relevant strategies and regulations have gone through major social consensus and complete procedures, so I can tell Mr. Vitalik that Hong Kongs policies are very stable. According to Odaily previously According to reports, Vitalik Buterin spoke in Singapore today and said that although Hong Kong has shifted to a cryptocurrency-friendly stance since the end of last year, cryptocurrency projects should consider the stability of its friendly policies when setting up offices in Hong Kong. Vitalik Buterin said: “For me, the sustainability of Hong Kong’s encryption-friendly policies is a key variable, and it is difficult for me personally to judge this issue. It is very challenging for local regulations to convince people that encryption-friendly policies are sustainable. .”