PANews reported on August 10 that according to Hong Kong Wen Wei Po, KPMG released the "Financial Technology Trends" report yesterday, which showed that in the first half of the year, 438 transactions were recorded in the Asia-Pacific region for financial technology, with a fundraising amount of US$3.8 billion. In the first half of the year, 438 transactions were recorded in the Asia-Pacific region for financial technology, with a fundraising amount of US$3.8 billion. During the period, 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 amount in the first quarter.
The Asia-Pacific region attaches more importance 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 the rights and interests of investors. 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 through various initiatives to attract cryptocurrency companies and enhance Hong Kong's financial ecosystem, promote Hong Kong's development into an international virtual asset center.
