Hong Kong to Release Second Virtual Asset Policy Statement in 2025

According to PANews, Hong Kong's Acting Secretary for Financial Services and the Treasury, Joseph Chan, announced plans to release a second policy statement on virtual asset development within this year. The upcoming statement will explore ways to integrate Hong Kong's traditional financial strengths with technological cooperation and innovation in virtual assets. The initiative aims to enhance the security and flexibility of the local real economy and encourage both local and international enterprises to explore innovative applications of virtual assets.