According to BlockBeats, on August 10, KPMG released the "Fintech Trends" report yesterday, which showed that in the first half of the year, the Asia-Pacific region recorded a total of 438 financial technology transactions, with a fundraising amount of US$3.8 billion. The Asia-Pacific region pays more attention to the development and launch of virtual currencies and real-world asset tokens.
Major financial hubs such as Hong Kong, Singapore and Japan are committed to balancing innovation and regulation, and continue to explore and approve activities that integrate traditional finance and decentralized finance while protecting investor rights. The Hong Kong government is actively developing cryptocurrency regulation to support cryptocurrency trading and other related activities.
In the first half of 2024, the Hong Kong Monetary Authority launched the second phase of the e-HKD pilot program and promoted the development of Hong Kong into an international virtual asset center through various initiatives to attract cryptocurrency companies and enhance Hong Kong's financial ecosystem.