Hong Kong Unveils Policy 2.0 to Cement Crypto Hub Ambitions
Hong Kong is escalating its bid to dominate the digital asset sector with Policy Statement 2.0, a strategic blueprint designed to position the territory as a premier blockchain hub. The June 26 release outlines a 'LEAP' framework targeting deeper integration between digital assets and the real economy.
Regulators are adopting a unified approach, with the SFC overseeing licensing for trading platforms and custodians while the HKMA monitors bank participation. 'We welcome global service providers to enhance liquidity and competition,' the statement emphasized, signaling aggressive moves to attract capital and talent.