PANews reported on May 15 that the Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police Force announced the security maintenance of Hong Kong's virtual asset ecosystem. It pointed out that Chief Commissioner of Police Lam Cheuk-ho emphasized the importance of exchanges, regulators and law enforcement agencies to share responsibilities. The CSTCB also cooperated with the University of Hong Kong to develop the virtual asset analysis tool CryptoTrace, providing advanced intelligence and investigation support for criminal investigation units. In addition, the New Territories South Regional Anti-Fraud Team was established.