ChainCatcher news, KPMG released the "Financial Technology Trends" report yesterday, which shows that in the first half of the year, Asia-Pacific fintech recorded a total of 438 transactions, with a fundraising amount of US$3.8 billion. 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 transactions 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.