COINOTAG News reports that on December 8, Hong Kong’s Legislative Council election concluded, with incumbent councilor John Wu re-elected by a tally of 1,311 votes. The result reinforces Hong Kong’s emphasis on the finance-tech axis as markets watch for policy signals affecting crypto and blockchain initiatives.
Wu commented, “The competition in this election was fierce, and I am very honored to be re-elected. Over the next four years, I will continue to implement my policy platform, promote the development of Hong Kong’s finance and technology sectors, especially industries such as Web3 and artificial intelligence, and create new economic growth drivers for Hong Kong.”
The outcome underscores a continued focus on crypto and blockchain policy within Hong Kong’s vibrant fintech ecosystem, as investors monitor developments in Web3 and AI-driven innovation across regulated markets.