Hong Kong is preparing to unveil its second official digital asset policy statement within June, according to Financial Secretary Paul Chan.
Speaking at the China Financial Summit Forum, Chan emphasized the government’s commitment to fostering a secure and innovative environment for the cryptocurrency industry.
He highlighted that Hong Kong has already implemented regulatory frameworks for digital asset trading platforms and stablecoin issuance, with new rules for custody services and over-the-counter (OTC) trading currently under development.
“This upcoming policy statement will focus on how financial services and technological innovation can be better integrated,” Chan stated. “It will also outline how to expand the real-world applications of digital assets in Hong Kong.”
The announcement signals Hong Kong’s continued efforts to position itself as a global hub for virtual assets by balancing innovation with regulatory clarity.
Kosta Gushterov
Reporter at Coindoo
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Source: https://coindoo.com/hong-kong-to-release-second-digital-asset-policy-statement-this-month/