Hong Kong Announces Digital Asset Policy Statement…"Aiming to Become a Global Innovation Hub"

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Suehyeon Lee

Summary

  • The Hong Kong government released its second digital asset policy statement, stating that digital assets will be positioned as a core driver of next-generation financial innovation.
  • The policy includes streamlining laws and regulations, expanding tokenized products, advancing use cases, and talent and partnership development.
  • Financial Secretary Paul Chan stressed his commitment to making Hong Kong an international financial center for digital assets through a balance of prudent regulation and innovation.

The Hong Kong government has revealed the issuance of its second statement for digital asset development.

On the 26th (local time), the Hong Kong government announced the "Digital Asset Development Policy Declaration 2.0" through its official website, reaffirming its strategy to position the digital asset sector as a key driver of next-generation financial innovation.

Core initiatives include ▲ streamlining relevant laws and regulations ▲ expanding tokenized products ▲ advancing use cases and intersectoral collaboration ▲ talent and partnership development.

Regarding this announcement, Paul Chan, Hong Kong’s Financial Secretary, stated, "Policy Declaration 2.0 demonstrates our vision for digital asset development," and emphasized, "By balancing prudent regulation and innovation, we will establish Hong Kong as an international financial center for digital assets."

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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