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Hong Kong's Acting Financial Secretary: Will fully promote financial innovation in key areas such as Web3-related DeFi and virtual assets

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2024-05-31 03:55:04
The Acting Financial Secretary of the Hong Kong Special Administrative Region Government, Wong Wai Lun, delivered a keynote speech at the 2024 Caixin Summer Summit held today, saying that Hong Kong will continue to make every effort to promote financial innovation, focusing on areas such as financial technology, green finance, Web3 (third generation Internet) related DeFi (decentralized finance), virtual assets, etc. The SAR government will ensure that financial risks are stabilized at a controllable level. On the other hand, continue to expand the interconnection between Hong Kong and the Chinese mainland financial marekt.
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