Hong Kong has introduced a new digital asset policy aiming to foster innovation, regulatory clarity, and industry growth.
The policy focuses on streamlining legal and regulatory processes, expanding tokenized products, advancing practical use cases, promoting cross-sector collaboration, and developing people and partnerships.
This move demonstrates Hong Kong's commitment to creating a progressive regulatory environment for crypto and blockchain, aligning with global standards while ensuring investor protections and financial integrity.
The updated policy signals Hong Kong's intention to attract digital asset firms, Web3 innovators, and global capital, showcasing the city's ambition to compete with major crypto hubs like Singapore, Dubai, and London.