Hong Kong parliament sets up crypto legislative subcommittee

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Johnny Ng, a Hong Kong lawmaker, said his office is collecting policy feedback from the global Web3 industry.

Hong Kong’s Legislative Council recently set up a subcommittee to handle issues related to crypto and Web3.

Johnny Ng, a Hong Kong lawmaker, said his team is collecting policy feedback from the global Web3 industry following the establishment of a crypto subcommittee under the Legislative Council.

Ng wrote in an X post on Saturday that the Hong Kong parliament has recently set up a subcommittee on Web3 and virtual asset development. “My office seeks to gather insights from the global Web3 industry, propose policy recommendations, and discuss the future direction of the industry in Hong Kong,” he said.

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