HK Legislator Johnny Ng: Hong Kong is changing its financial environment to support the virtual asset industry

06/16 09:08

Hong Kong Legislative Councillor Johnny Ng posted on social media, please see the key takeaways from my recent discussions and interviews in Hong Kong on Web3 and virtual asset policies: 1. HK's pioneering financial environment is evolving to support the virtual asset industry. New regulations invite global stakeholders to apply for licenses. 2. Monitoring & control levels will adapt to industry developments. HK is open to suggestions & committed to extending its openness, embracing industry feedback. 3. Don't underestimate HK's market size! As a global financial & emerging tech hub, HK connects with cities worldwide, expanding its global reach.
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