According to Odaily Planet Daily, KPMG released a report on the trend of financial technology yesterday, showing that in the first half of the year, there were 438 transactions in the Asia-Pacific region, with a total fundraising amount of US$3.8 billion. China's financial technology raised US$624 million, accounting for 16% of the Asia-Pacific region, and consumer finance and lending companies accounted for more than half of the transaction volume in the first quarter.
The Asia-Pacific region pays more attention to the development and launch of virtual currencies and real-world asset tokens. Financial hubs such as Hong Kong, Singapore and Japan are committed to balancing innovation and regulation to protect the rights and interests of investors.
The Hong Kong government is actively developing cryptocurrency regulation and supporting cryptocurrency trading and related activities. In the first half of 2024, the Hong Kong Monetary Authority launched the second phase of the e-HKD pilot program to attract cryptocurrency companies, enhance Hong Kong's financial ecosystem, and promote Hong Kong's development into an international virtual asset center.