Hong Kong financial secretary says city is ahead of Europe in crypto regulation

Paul Chan Mo-po, Hong Kong's Financial Secretary, stated on his official blog that the city is ahead of Europe in the development and regulation of digital assets. Following a five-day visit to Europe that included stops in France, Belgium, and Switzerland, Chan said he shared Hong Kong's principles, practices, and experiences with various political, business, and financial leaders. He noted that their discussions also covered financial innovation through blockchain and artificial intelligence (AI). Chan added that Hong Kong's lead in this field creates significant room for cooperation and mutual learning.