According to Foresight News, the Hong Kong government has released the "Hong Kong Digital Asset Development Policy Declaration 2.0", reaffirming its commitment to make Hong Kong a global innovation center in the field of digital assets. The policy declaration proposes the LEAP framework, which includes four key focuses: optimizing legal and regulatory frameworks, expanding the variety of tokenized products, promoting application scenarios and cross-sector collaboration, and developing talent and partnerships.
Financial Secretary Paul Chan stated that "digital assets are an important and highly promising part of financial technology. Through blockchain technology, we can enable more efficient and lower-cost financial transactions, making financial services more inclusive and accessible. (Policy Declaration 2.0) This demonstrates our vision for the development of digital assets, and through practice, we showcase the substantial applications of tokenization, promoting the diversification of application scenarios. By combining prudent regulation with encouragement for market innovation, we aim to build a more prosperous digital asset ecosystem that is integrated with the real economy and social life, bringing benefits to the economy and society while consolidating Hong Kong's leading position as an international financial center."