Hong Kong Management Strategic Bitcoin to support international competition in the field of digital assets $97,645.2 It accelerates the reserve plan. The current steps of the country are considered as part of its efforts to strengthen the Asian -based digital economic position.
Legal regulations and structural studies
Hong Kong is preparing to implement similar arrangements by reference to the industry steps for the crypto of the United States. In the last two years, the country has increased legal regulations and research on crypto assets. The current studies continue to progress in parallel with the decisions taken at the national level.
Cooperation and meetings of institutions
Hong Kong legislature, Web3 and Virtual Asset Development Sub -Committee has started to work on the sector. In addition, the government focuses on various projects by establishing the third -generation Internet development Task Force.
“There is urgency to maintain its competitiveness in the field of crypto economy.” – Johnny ng
With the aim of national support and regulatory comfort, the expansion of permissions to stable digital assets and relaxed arrangements in trade applications are on the agenda. In addition, in the light of other developments in the Asian region, Greater Bay Area is planned to support digital assets.
Steps taken by the USA
In the United States, the newly appointed crypto asset official David Sacks announced to the public for the strategic Bitcoin reserve. The US continues to work in determining crypto asset regulatory frameworks by forming a two -wing working group.
“Developing crypto asset regulations will reinforce our global leadership.” – David Sacks
The steps in Hong Kong and the United States are seen as part of the goals of increasing the competitiveness of countries in the global digital economic environment. The initiatives of the two countries reflect similar strategies in the field of regulation and construction and aim to contribute to the acceleration of progress in the crypto asset sector.
The new regulatory decisions of Hong Kong can be evaluated in line with the goal of increasing its competitiveness in the international arena in the field of crypto assets. The increase in cooperation and regulatory activities between countries offers important clues about the future of the sector.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
