As we enter Q2 of this transformative year, Hong Kong’s strategic position as the gateway to Asia continues to attract top-tier talent, global financial capital, and a vibrant community of blockchain innovators. With robust government support and an ever-expanding ecosystem, our city is poised to host a series of international flagship events that will drive new opportunities and connections in the Web3 space.
On June 27, Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and Securities and Futures Commission (SFC) jointly released a consultation paper announcing a mandatory licensing regime for all platforms offering crypto-to-fiat services — including OTC shops and platforms.
On the same day the HKSAR Government released its Digital Asset Development Policy Statement 2.0, Cyberport launched a new 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 & 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐀𝐬𝐬𝐞𝐭 𝐏𝐢𝐥𝐨𝐭 𝐒𝐮𝐛𝐬𝐢𝐝𝐲 𝐒𝐜𝐡𝐞𝐦𝐞, marking another solid step toward building a robust Web3 innovation ecosystem in Hong Kong.