The Hong Kong Special Administrative Region's government will release the plans for the development of virtual assets in the city during the upcoming FinTech Week by the end of the month.
In a blog post published by Financial Secretary Paul Chan Mo-po on Sunday, the policy statement will consist of the government's "vision and strategy, regulatory regime, attitude towards opening up investors’ access to virtual assets, and the technological advantages brought by virtual assets launch pilot projects."
The annual Hong Kong FinTech Week will be held from October 31st to November 4th, with the theme of "Breaking the Boundaries and Creating Extraordinary". "The policy statement will clearly express the government's position, demonstrate to the global industry our vision to develop Hong Kong into an international virtual asset centre, and our commitment and determination to explore financial innovation with the global asset industry," the blog post stated.
Alongside the traditional...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...