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Hong Kong Government to Issue First AI Finance Policy, Set to Transform Trading and Crypto Sectors

  • Hong Kong is preparing to release its first set of regulations regarding the use of AI in finance.
  • The legislation is expected to support the use of AI in complex trading algorithms and automated portfolio management, benefiting the crypto industry.
  • The government is seeking feedback from major players in the AI, crypto, and financial service spaces before finalizing the regulations.
  • AI is a sensitive topic in Hong Kong due to the ongoing Chinese-US tech conflict, making this legislation significant for the region.

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