Hong Kong to Establish Task Force to Help Develop Crypto Hub
- Financial Secretary Paul Chan lays out plan in budget speech
- City building out regulatory regime for virtual-asset sector
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Hong Kong will set up a task force to provide recommendations on how it can achieve a recently adopted goal of becoming a crypto hub.
“Over the past few months, a large number of innovative enterprises with potential have been considering setting up business in Hong Kong,” Financial Secretary Paul Chan said in his 2023-2024 fiscal year budget speech.