TechFlow news, July 4 — According to Zhitong Caijing, at the Hong Kong Digital Finance Awards 2025 ceremony, Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, stated that Hong Kong is vigorously promoting digital asset development. A regulatory framework has been gradually established to balance risk management and investor protection with industry growth, fostering the sustainable development of Hong Kong's digital asset ecosystem.
He noted that HKEX has developed Hong Kong's first batch of digital asset indices, providing investors with transparent and reliable benchmarks for Bitcoin and Ethereum prices within the Asian time zone, supporting Hong Kong’s development into a leading digital asset hub in Asia. The licensing regime for stablecoin issuers, set to take effect next month, will help advance real-world applications and further support Hong Kong’s ambition to become a leading digital asset center in Asia.
