Hong Kong Financial Secretary: The government will issue a virtual asset policy declaration to promote the establishment of an international virtual asset center

According to ChainCatcher, Hong Kong's Financial Secretary Paul Chan revealed that the SAR government will release a policy declaration regarding the development of virtual assets in Hong Kong during the "FinTech Week" (held from October 31 to November 4), showcasing the vision of transforming Hong Kong into an international virtual asset center to the global industry, as well as the commitment to explore financial innovation together with the global asset industry.

Chan mentioned that the "Hong Kong FinTech Week" will incorporate new elements, including the distribution of limited edition Proof of Attendance Protocol (POAP) tokens to participants in a first-come, first-served manner in the form of non-fungible tokens (NFTs). Token holders will be able to create their own virtual avatars through 3D scanning, providing guests with a new experience, and in the future, they can use the tokens to gain priority access to other industry events. (Lianhe Zaobao)