TechFlow reports, speaking at the opening ceremony of Hong Kong Web3 Festival, Financial Secretary of the Hong Kong Special Administrative Region Government, Mr. Wong Ho Yin stated, "Web3 is revolutionary, and Hong Kong will develop it in a stable, sustainable, and responsible manner. Hong Kong primarily focuses on two key areas in Web3 development: first, supporting virtual asset trading platforms; second, supporting Web3 developers. The Hong Kong government is currently amending legislation to bring over-the-counter (OTC) virtual asset transactions under legal regulation, with proposed laws under formulation. Additionally, Hong Kong will allow intermediaries to offer trading of qualified virtual assets, futures, and ETFs. Going forward, we will continue collaborating with more industry participants, leveraging deeper insights to unlock greater possibilities and drive the growth of Hong Kong's Web3 industry."
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
