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Hong Kong will announce the second digital asset policy statement this month.
Hong Kong is preparing to announce its second official digital asset policy statement in June, according to Financial Secretary Paul Chan.
Speaking at the China Finance Summit Forum, Chan emphasized the government's commitment to promoting a safe and innovative environment for the cryptocurrency industry.
He emphasized that Hong Kong has implemented regulatory frameworks for digital asset trading platforms and stablecoin issuance, with new regulations for custody services and over-the-counter (OTC) trading currently being developed.
"The upcoming policy statement will focus on how financial services and technological innovation can be better integrated," Chan said. "It will also outline how to expand the practical applications of digital assets in Hong Kong."
This announcement highlights Hong Kong's ongoing efforts to position itself as a global hub for digital assets by balancing innovation with regulatory clarity.