John Lee: Hong Kong is committed to building a global digital asset innovation hub.
In a statement released at Consensus Hong Kong, Hong Kong Chief Executive John Lee stated that the Hong Kong government is committed to establishing Hong Kong as a global hub for digital asset innovation. Lee pointed out that Hong Kong possesses significant advantages in promoting the robust development of the Web3 ecosystem, thanks to the "One Country, Two Systems" framework, strong financial market liquidity, and robust investor protection mechanisms. Currently, the Hong Kong Monetary Authority is about to issue its first batch of stablecoin licenses, expected next month. Meanwhile, the Hong Kong Securities and Futures Commission is working to deepen liquidity in the virtual asset market to further promote development in this sector.
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