Hong Kong Financial Secretary's Deputy Secretary: Will continue to collaborate with more industry participants to promote the development of Hong Kong's Web3 industry

2024-04-06 10:08:49

Collection

ChainCatcher news, the Deputy Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region, Huang Weilun, stated in his speech at the opening ceremony of the Hong Kong Web3 Carnival, "Web3 is revolutionary, and Hong Kong will develop in a stable, sustainable, and responsible manner. Hong Kong focuses on two main areas in the development of Web3: first, support for Hong Kong's virtual asset trading platforms; second, support for Web3 developers. The Hong Kong government is amending a law to bring virtual asset OTC trading under legal regulation, and the proposed legislation is being formulated. In addition, Hong Kong will allow intermediaries to provide trading of eligible virtual assets, futures, and ETFs. In the future, we will continue to collaborate with more industry participants to bring more possibilities to Hong Kong and promote the development of the Web3 industry in Hong Kong."

Related tags

Web3 Hong Kong

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.