BlockBeats news, on December 22, according to Bloomberg, Hong Kong plans to promote new regulations for cryptocurrency and infrastructure to guide insurance industry investments, with insurance regulators imposing a 100% risk fee on crypto assets. The document indicates that the risk fee for stablecoin investments will be determined based on the fiat currency to which the stablecoin is pegged under Hong Kong regulation. The proposal from the regulatory authority may still be adjusted and will be open for public consultation from February to April before being submitted for the legislative process.