Li Jiachao: Hong Kong is committed to building a global digital asset and Web3 innovation center

According to CoinDesk, Hong Kong Chief Executive John Lee stated at the Consensus Hong Kong conference that the Hong Kong government is committed to building Hong Kong into a global innovation center for digital assets.

John Lee emphasized that Hong Kong, leveraging its unique advantages of "one country, two systems," combined with deep financial market liquidity, innovative products, and a world-class investor protection system, is actively constructing a regulatory framework to promote the sustainable development of the Web3 ecosystem.

He revealed that the Hong Kong Monetary Authority will soon issue the first batch of stablecoin licenses next month, and the Securities and Futures Commission is also working to enhance liquidity in the virtual asset market. He also expressed a welcome to global enterprises and institutions to join hands with Hong Kong to build a brighter digital future together.