Hong Kong to issue second digital asset policy statement this month

Paul Chan, Financial Secretary of Hong Kong, revealed that a second policy statement on the development of digital assets in Hong Kong will be released later this month, according to China's local news outlet Shanghai Securities News. The statement will focus on themes such as the combination of financial services and innovation and the application scenarios of digital assets. In October 2022, Hong Kong released its first policy statement on the development of digital assets, covering items like the regulation of virtual asset exchanges and approval of exchange-traded funds (ETFs).