Virtual Asset Industry

  • Allocation of HKD 700 Million for Development of Digital Economy: Hong Kong’s New Focus

    According to reports, at the 2023 Digital Economy Summit, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, stated that this year\’s budget will alloca

    04/13/2023
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  • Hong Kong’s Embrace of Web3: The Future of Technology and Policies

    On April 12th, at the 2023 Hong Kong Web3 Carnival, Hong Kong Special Administrative Region Legislative Council member Qiu Dagen stated in his keynote speech that Hong Kong\’s measu

    04/12/2023
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  • Hong Kong to Introduce Virtual Asset Service Provider Licensing System

    According to reports, on March 17th, when delivering a video speech at the 2WEB3 FEST Hong Kong 2023 event, the Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, stated that in the past few years, the virtual asset industry in Hong Kong is starting to develop steadily. Under the principle of “same activities, same risks, and same supervision”, Hong Kong will introduce a virtual asset service provider licensing system in June this year. “We believe that by establishing an appropriate regulatory licensing system to eliminate the black sheep in the industry, it is beneficial to enhance the overall image of the industry and promote the healthy, orderly and responsible development of the virtual asset industry.” Chen Maobo said. (Interface News) Chen Maobo: Hong Kong will introduce a virtual asset service provider licensing system in June Analysis based on this information:The Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, recently announced the introduction…

    03/17/2023
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