TechFlow news, June 26 — According to an announcement on the Hong Kong Special Administrative Region Government website, the Hong Kong government officially released today the "Hong Kong Policy Statement on Digital Assets Development 2.0", reaffirming its commitment to establishing Hong Kong as a global innovation hub in the digital asset sector. The policy introduces the "LEAP" framework, focusing on four key areas: enhancing legal and regulatory frameworks, expanding the range of tokenized products, advancing use cases and cross-sector collaborations, and developing talent and partnerships.
Financial Secretary Paul Chan said, “Digital assets are an important and highly promising component of fintech. Through blockchain technology, they enable more efficient and lower-cost financial transactions, making financial services more inclusive and accessible. The 'Policy Statement 2.0' outlines our vision for digital asset development and demonstrates tangible applications of tokenization in practice, promoting diversified use cases. By combining prudent regulation with encouragement of market innovation, we aim to build a vibrant digital asset ecosystem integrated with the real economy and daily life, generating economic and social benefits while reinforcing Hong Kong’s leading position as an international financial center.”
