🔥 Hong Kong to Strengthen Digital Asset Regulations Within 18 Months
🛡 Hong Kong is set to bolster its digital asset regulatory framework over the next 18 months, aiming to establish itself as a global fintech hub. Announced at the Foresight 2024 summit, the plan includes attracting global tech talent, building infrastructure, and introducing robust legislative measures, including stablecoin regulation by the end of 2024.
🟩 The initiative highlights the city’s commitment to fostering innovation while ensuring the security and integrity of digital asset transactions.
Hong Kong's proactive stance on digital asset regulation positions it as a key player in the global fintech landscape, balancing innovation with stringent oversight to secure its future in the digital economy.
