Hong Kong Financial Development Council Releases 2022/23 Annual Report: Hong Kong Positioning Itself as Global Leader in Virtual Asset Development and Complementary Technologies
On July 28, according to TuoniaoX.com, the Financial Development Council of Hong Kong released its 2022/23 annual report, stating that Hong Kong has favorable conditions to play a leading role in global Web 3.0 development, including being an international financial center, having rich local expertise, and maintaining a regulatory framework suitable for international investors.
On July 28, according to TuoniaoX.com, the Financial Development Council of Hong Kong released its 2022/23 annual report, stating that Hong Kong has favorable conditions to play a leading role in global Web 3.0 development, including being an international financial center, having rich local expertise, and maintaining a regulatory framework suitable for international investors. Web 3.0 provides a range of new employment opportunities for young professionals. The Hong Kong government has provided opportunities for banks and other intermediaries to collaborate with licensed exchanges to offer virtual asset trading services. Tokenization will play an important role in Hong Kong, bringing traditional assets such as bonds, stocks, and even real estate into the new digital paradigm. Hong Kong is positioning itself as a global leader in the development of virtual assets and complementary technologies such as blockchain and Web 3.0. (Official website of Hong Kong Financial Development Council)