๐ Hong Kong Unveils Bold Policy 2.0 โ Aiming to Become the Global Crypto Capital ๐
Thursday marked a major leap forward for crypto innovation in Asia as the Hong Kong government officially released its โPolicy Statement 2.0โ on digital asset development โ a visionary update to its 2022 digital asset roadmap.
๐ Whatโs New in Policy 2.0?
Building on the October 2022 foundation, this new strategy boldly positions Hong Kong as a global hub for digital asset (DA) innovation, with three key pillars:
โ Robust Risk Management
โ Investor Protection
โ Real-World Use Case Integration
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๐ง Introducing the โLEAPโ Framework
At the heart of this strategy is the LEAP framework, designed to:
Encourage cutting-edge innovation
Attract top-tier talent
Ease legal pathways for tokenized real-world assets (RWAs)
๐ฃ๏ธ Christopher Hui, Secretary for Financial Services and the Treasury, emphasized:
> โHong Kong is uniquely positioned to bridge traditional finance with the digital asset era.โ
He noted that Policy Statement 2.0 will guide the region toward a trusted, sustainable, and fully integrated digital asset ecosystem โ deeply embedded within the real economy.
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๐ What Comes Next?
The FSTB and Securities and Futures Commission (SFC) will soon launch public consultations on digital asset trading and custodial licensing frameworks.
The initiative promises clarity, compliance, and opportunity for developers, investors, and enterprises looking to enter or expand within Hong Kong.
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๐ฅ Market Impact
This forward-thinking policy is expected to:
Inject liquidity into the ecosystem
Increase regulatory confidence
Accelerate mass adoption of crypto and tokenized products
With the backing of government leadership and clear frameworks, Hong Kong is no longer just crypto-friendly โ itโs crypto-first.
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