Cai Zhonghui, interim head of the Intermediaries Department of the Hong Kong Securities and Futures Commission, said that the Securities and Futures Commission understands the opportunities brought by Web 3.0 and fully supports the use of new technologies to provide financial services and products in Hong Kong. However, at the same time, it will be alert to potential risks and will unswervingly protect investments. and market integrity to establish Hong Kong as the premier hub for Web 3.0 and virtual assets