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The Hong Kong government has released a new policy statement aimed at advancing its crypto asset ecosystem, reinforcing its ambition to become a key hub for crypto innovation and regulation.
Titled “Policy Statement 2.0,” the initiative builds on the region’s first digital asset policy introduced in October 2022 and outlines an updated framework for regulating and supporting the tokenization of real-world assets (RWAs) and expanding crypto licensing measures.
Regulatory Clarity and Broader Tokenization Initiatives
The updated strategy introduces the “LEAP” framework, which stands for “Licensing, Education, Application, and Protection.” The government plans to streamline regulatory oversight for crypto service
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