John Lee: Hong Kong is actively working to build a global digital asset and Web3 innovation hub

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ChainCatcher reports that, according to CoinDesk, Hong Kong Chief Executive John Lee stated at the Consensus Hong Kong conference that the Hong Kong government is committed to establishing Hong Kong as a global digital asset innovation hub.

John Lee emphasized that Hong Kong, leveraging the unique advantages of “One Country, Two Systems,” combined with deep financial market liquidity, innovative products, and a world-class investor protection system, is actively building a regulatory framework to promote the sustainable development of the Web3 ecosystem.

He revealed that the Hong Kong Monetary Authority will issue the first batch of stablecoin licenses next month, and the Securities and Futures Commission is also working to enhance liquidity in the virtual asset market. He also welcomed global enterprises and institutions to join hands with Hong Kong to build a brighter digital future.

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