Odaily Planet Daily News: The Hong Kong Legislative Council Web3 and Virtual Asset Development Subcommittee announced the election results of the chairman and vice-chairman. According to Legislative Council Document No. CB (1) 769/2024, Legislative Council member Wu Jiezhuang was successfully elected as the chairman of the subcommittee. The establishment of the Web3 and Virtual Asset Development Subcommittee is mainly to review the application and development of Web3 and virtual asset technologies in Hong Kong, and to make recommendations on the implementation of relevant regulations and policies. The first meeting of the subcommittee will be held from 4:30 to 5:00 pm on Monday, June 17, 2024 in Conference Room 2A of the Legislative Council Complex. Wu Jiezhuang said that in the coming year, he will actively work with the SAR government, the industry and the society to build the Hong Kong Special Administrative Region of China into an international Web3 center.
