Hong Kong released the "Hong Kong Digital Asset Development Policy Declaration 2.0"

Hong Kong today released the "Hong Kong Digital Asset Development Policy Declaration 2.0" ("Policy Declaration 2.0"), reaffirming the government's commitment to making Hong Kong a global innovation hub in the digital asset sector. The "Policy Declaration 2.0" sets out the government's vision to build a trustworthy and innovation-focused digital asset ecosystem, putting risk management and investor protection first, while striving to bring tangible benefits to the real economy and financial marekt. The new policy declaration focuses on: optimizing laws and regulations, expanding the variety of tokenized products, promoting application scenarios and cross-sector cooperation, talent and partner development.
Financial Secretary Paul Chan said: "Policy Statement 2.0 demonstrates our vision for the development of digital assets and promotes the diversification of application scenarios by demonstrating the practical application of tokenization through practice. By combining prudent regulation and encouraging market innovation, we will build a more vibrant digital asset ecosystem that integrates with the real economy and social life, bringing benefits to the economy and society, while consolidating Hong Kong's leading position as an international financial center.