Loading...
According to a press release from the Hong Kong Special Administrative Region Government, the Secretary for Financial Services and the Treasury, Mr. Hui Cheng yu, stated that Hong Kong is currently developing a virtual asset market, while also developing a gold commodity market. Hong Kong will open up new financial sectors, including fintech, virtual assets, stablecoins, and green finance. This week, we will soon seek the support of the Legislative Council to establish a legal regulatory framework for stablecoins. There is also a great demand for this in the market, so the next step is to continue to innovate and expand into new markets.