The "Hong Kong Digital Asset Development Policy Declaration 2.0" has been released, and the Hong Kong government is committed to making Hong Kong a global innovation center in the field of digital assets.

On June 26, Hong Kong released the “Hong Kong Digital Asset Development Policy Declaration 2.0,” reaffirming the government’s commitment to making Hong Kong a global innovation center in the field of digital assets. The “Policy Declaration 2.0” outlines the government’s vision to build a trustworthy and innovation-focused digital asset ecosystem, prioritizing Risk Management and investor protection, while also aiming to bring tangible benefits to the real economy and financial markets. The new policy declaration focuses on optimizing legal and regulatory frameworks, expanding the variety of tokenization products, advancing application scenarios and cross-sector collaboration, as well as talent and partnership development. Financial Secretary Paul Chan stated: “The Policy Declaration 2.0 demonstrates our vision for the development of digital assets and showcases the practical application of tokenization through practice, promoting the diversification of application scenarios. By combining prudent regulation with encouraging market innovation, we aim to build a more vibrant digital asset ecosystem that integrates with the real economy and social life, bringing benefits to the economy and society, while solidifying Hong Kong’s leading position as an international financial center.”