Hong Kong's Secretary for Financial Services and the Treasury, Hui Zhengyu, wrote in his online column "Treasury Theory" that Hong Kong has added virtual assets and other qualifying asset classes. There are currently more than 1,100 fintech companies, with an annual growth rate of 15%. Hong Kong will continue to promote the central bank's digital currency, mobile payment, digital banking, virtual asset trading, etc. Technology applications, and promote the healthy, responsible and sustainable de...
On October 30th, Joseph H.L. Chan, JP, Deputy Secretary for Financial Services and the Treasury of Hong Kong, delivered the opening speech at the 2024 SmartCon conference organized by Chainlink and said, "Decentralized innovation infrastructure relies on secure oracles to make it work. Last year, I witnessed the enthusiasm of builders and users in the Chinese community, telling myself that Asia and Hong Kong must understand these opportunities from changing communities. And changing communities ...
On July 19, Hong Kong Deputy Secretary for Financial Services and the Treasury Chen Haolian said at the meeting of the Legislative Council Web3 and the Subcommittee on Virtual Asset Development that the authorities are currently drafting the second draft of the bill to implement the regulatory system for fiat currency stablecoin issuers in Hong Kong, with a view to submitting the bill to the Legislative Council for consideration by the end of this year.