Dr. Zheng Songyan, CEO of Cyberport, said that with the entry into force of the Hong Kong Stablecoin Ordinance on August 1, Cyberport has brought together nearly 290 technology companies in the fields of blockchain, smart contracts, data audit and cyber security to form a digital asset technical support network covering the mainland, Hong Kong and overseas, providing full-chain technical support for stablecoin and RWA (tokenization of physical assets) businesses.
In order to balance regulation and market vitality, Cyberport launched a stablecoin and digital asset pilot project, screening 9 cross-industry cases (covering finance, logistics, medical, etc.) from more than 200 applications, through end-to-end scenario verification (including issuance, retail, anti-money laundering, etc.), to create a replicable industry template, and provide the government with technical difficulties and regulatory reference. Zheng Songyan stressed that the pilot aims to explore the "regulatory sandbox" model, which not only prevents risks but also promotes innovation, and helps Hong Kong become a digital asset technology hub.
At present, Cyberport has attracted American data audit companies, Zhejiang University blockchain teams, and mainland virtual currency tracking companies, etc. In the future, it will continue to cooperate with the government to build a healthy ecosystem and promote Hong Kong's global competitiveness in the Web3 field.
Hong Kong Cyberport: Launched a stablecoin and digital asset pilot project
2025-09-15 01:23:08
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