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On June 26, 2025, the Government of the Hong Kong Special Administrative Region released the "Hong Kong Digital Asset Development Policy Declaration 2.0" (hereinafter referred to as "Declaration 2.0"). This initiative marks a new layout for Hong Kong in the field of digital assets. The policy document aims to establish Hong Kong as a global core hub for digital asset innovation by updating and optimizing the existing policy framework to adapt to this rapidly evolving industry.
Financial Secretary Paul Chan emphasized that the "Declaration 2.0" not only showcases the SAR government's visionary planning for the future of digital assets but also demonstrates the practical applications of tokenization through concrete practices, promoting the development of diversified scenarios. The government's strategy is to seek a balance between prudent regulation and encouraging innovation, with the goal of building a prosperous digital asset ecosystem that is closely integrated with the real economy and social life. This will not only bring substantial benefits to the economy and society but also further consolidate Hong Kong's leading position as an international financial center.
The release of "Manifesto 2.0" has sparked numerous public questions: How does it differ from previous versions? What are the main contents? What is Hong Kong's stance on the development of digital assets? These questions reflect people's strong interest in the future development path of digital assets in Hong Kong.
It is worth noting that the "Declaration 2.0" did not come out of nowhere; it is a further deepening and expansion based on previous policy foundations. The Hong Kong Special Administrative Region government’s move demonstrates its keen insight and proactive response to the digital economy era. Through this policy declaration, Hong Kong officially declares to the world its ambitions in the global digital asset arena.
With the launch of "Declaration 2.0", Hong Kong's attitude towards digital asset regulation and development has become clearer. While the government encourages innovation, it also emphasizes the importance of risk management to ensure the healthy development of the digital asset market. This balanced strategy is expected to attract more international investors and innovative enterprises to Hong Kong, further enhancing its appeal as a global fintech hub.
In the future, as the various policies of "Declaration 2.0" are gradually implemented, the Hong Kong digital asset market is expected to usher in a new round of prosperous development. This will not only bring new economic growth points to Hong Kong but also provide important references for the development of the global digital asset industry. Hong Kong is welcoming the arrival of the digital asset era with an open, innovative, and prudent attitude, and is committed to playing a leading role in this emerging field.