On June 26, the Hong Kong government released its Policy Statement 2.0 on Digital Asset Development, reinforcing its push to become a global leader in the digital asset (DA) space.
The updated strategy outlines a multi-pronged approach to foster innovation, regulatory clarity, and industry growth.
The new policy emphasizes five key areas:
- Legal and regulatory streamlining to remove frictions for digital asset firms
- Expansion of tokenized products, including real-world asset tokenization
- Advancing practical use cases, especially across finance and fintech sectors
- Cross-sector collaboration among regulators, enterprises, and institutions
- People and partnership development to support ecosystem talent and growth
This move highlights Hong Kong’s commitment to shaping a forward-thinking crypto and blockchain regulatory environment. The government aims to align itself with evolving global standards while maintaining strong investor protections and financial integrity.
By issuing this comprehensive update, Hong Kong signals its intent to attract digital asset firms, Web3 innovators, and global capital. The initiative also reinforces the city’s ambition to remain competitive with other major crypto hubs like Singapore, Dubai, and London.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/hong-kong-issues-new-digital-asset-policy-to-boost-innovation/