Hong Kong is Committed to Digital Assets, UAE Competition is Increasing

Hong Kong's Commitment to Digital Assets

Hong Kong continues to maintain its commitment to digital assets. However, increased competition is being observed from the United Arab Emirates (UAE) and South Korea. A member of the Chinese National Committee stated during a speech at the Consensus Hong Kong event that Hong Kong has lessons to learn from these countries regarding crypto regulations.

Regulators' Assurance

A representative from the Hong Kong Treasury stated that Hong Kong's attractiveness to investors is linked to the absence of "surprises" from regulators. This situation allows investors to operate in a secure environment.