Investment Promotion Department
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Hong Kong Treasury Bureau Xu Zhengyu: The Hong Kong Monetary Authority is studying the regulatory system for stable currencies
On March 20, the Secretary for Financial Affairs and the Treasury of the Hong Kong Special Administrative Region Government, Xu Zhengyu, stated at the Aspen Digital Web3 Investment Summit that by the end of February 2023, the Investment Promotion Department had received over 80 mainland and foreign companies related to virtual assets expressing their intention to establish businesses in Hong Kong. Interpretation of this information: The latest announcement by the Secretary for Financial Affairs and the Treasury of the Hong Kong Special Administrative Region Government, Xu Zhengyu, regarding the influx…
