Hong Kong’s Financial Secretary Declares Now Is the ‘Right Time’ for Web3 Adoption

Fibo Quantum

“In order for Web3 to steadily take the road of innovative development, we will adopt a strategy that emphasizes both ‘proper regulation’ and ‘promoting development,’” said Chan. “In terms of proper supervision, in addition to ensuring financial security and preventing systemic risks, we will also do a good job in investor education and protection, and anti-money laundering.”

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