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PANews February 13 News, according to Hong Kong Economic Daily, the new President of the Hong Kong Institute of Certified Public Accountants, Lo Cheuk Kin, stated that guidelines are being developed to help the accounting industry and business community understand how to handle virtual assets in accounting. The first part of the guidelines involving virtual currencies and stablecoins has been issued. The second part, which has not yet been published, relates to the Hong Kong Monetary Authority's audit requirements for stablecoins. The institute is currently discussing this with the HKMA, and it is expected to be released within 6 months. The goal for the third part of the virtual asset accounting guidelines is to be launched by the end of the year, but it will only be released after further communication and consensus with regulators and industry stakeholders.

According to ChainCatcher, citing Hong Kong Wen Wei Po, former Bank of Communications Hong Kong executive Yip Tsz Kin has announced his participation in the 2025 Legislative Council general election. He stated that he would propose the establishment of a financial holding company to promote integration between the banking industry and other financial sectors. His policy platform focuses on fully supporting the development of fintech, advancing reforms in the payments sector, and explicitly emphasizes enabling Hong Kong to seize opportunities in several key strategic areas of fintech, including artificial intelligence (AI), digital currency, and virtual assets, positioning these as the core drivers for the overall growth of the financial industry.