Hong Kong (HKSAR) to continue support of local digital asset community, chief executive says
Hong Kong's Chief Executive John KC Lee affirmed commitment to establishing the city as a global digital asset hub.Summary
Speaking at the Consensus Hong Kong conference, Chief Executive John KC Lee stated that the HKSAR Government is committed to establishing Hong Kong as a global hub for digital asset innovation. He emphasized that Hong Kong leverages its unique 'one country, two systems' principle, combining advantages from both China and global markets, supported by a robust financial regulatory system and deep liquidity. Lee highlighted ongoing efforts, including the development of a regulatory framework for Web3, noting that the Hong Kong Monetary Authority is close to issuing stablecoin licenses, potentially within the next month. Furthermore, the Securities and Futures Commission is working to enhance virtual asset market liquidity to facilitate growth in this sector, urging global companies to join Hong Kong's digital future.
(Source：CoinDesk)