KPMG: Major financial hubs such as Hong Kong and Singapore place greater emphasis on the development and launch of virtual currencies and RWA tokens
2024-08-10 09:59:17
KPMG yesterday released finance technology move report among others showsdesk3cryptocurrencydesktopCrypto News
KPMG released the "Fintech Trends" report yesterday, which shows that a total of 438 transactions were recorded in the Asia-Pacific region in the first half of the year, raising US $3.80 billion. The Asia-Pacific region places more emphasis on the development and launch of virtual currencies and real-world asset tokens. Major financial hubs such as Hong Kong, Singapore and Japan are committed to balancing innovation and regulation, and continue to explore and approve activities that integrate traditional and decentralized finance while protecting investors' rights and interests. The Hong Kong government is actively developing cryptocurrency regulation to support cryptocurrency trading and other related activities. In the first half of 2024, the Hong Kong Monetary Authority launched the second phase of the e-HKD pilot program, and through various measures to attract cryptocurrency enterprises and strengthen Hong Kong's financial ecosystem, to promote Hong Kong's development as an international virtual asset center.
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