TechFlow News, May 25: Hong Kong’s Financial Secretary Paul Chan published a “Secretary’s Column,” stating that the effective use of blockchain and artificial intelligence technologies represents an inevitable trend for the future of finance. However, it also presents real governance challenges—for instance, criminals and terrorists attempting to exploit regulatory disparities across jurisdictions for money laundering and fundraising activities. Hong Kong’s principles, practices, and experience in digital asset development and regulation are ahead of those in Europe, offering ample room for collaboration and mutual learning. Such cooperation can not only foster healthy industry development but also contribute to global governance.
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