Hong Kong continues to demonstrate a strong commitment to the development and integration of digital assets within its financial ecosystem; however, it is increasingly aware of the rising competition posed by the United Arab Emirates (UAE), which has adopted an especially aggressive approach in attracting cryptocurrency and blockchain-related businesses and investments. This situation presents a significant challenge for Hong Kong as it strives to maintain its status as a leading global financial center while navigating the rapidly evolving landscape of digital finance.
source: https://www.coindesk.com/business/2026/02/11/hong-kong-remains-committed-to-digital-assets-but-feels-competition-from-an-aggressive-uae