Hong Kong, SAR – 30, June 2023 - The Hong Kong government announced the establishment of the Task Force on promoting Web3 development. Chaired by the Financial Secretary, the Task Force comprises 15 non-official members from the relevant market sectors, with the participation of key government officials and financial regulators concerned. Our FinTech Association of Hong Kong's Chairman, Neil Tan, was selected to be part of this trail-blazing task force and we look forward to seeing growth and development of Web3 innovation under his leadership along with the rest of the Task Force members.
The primary objective of the Task Force is to provide recommendations on the sustainable and responsible development of Web3 in Hong Kong. Recognizing the prevalent trend of Web3 development, the Task Force is Premised on a balance between appropriate regulation and promoting development in order to cement Hong Kong's place as a leading Web3 hub in the world.
For more information about the Task Force and its members, please refer to the Government's press release: https://lnkd.in/gXUqE8-E
About the FinTech Association of Hong Kong
The FinTech Association of Hong Kong (FTAHK) is an independent, not-for-profit, member-driven organisation that is the voice of the FinTech community in Hong Kong. Members range from promising startups and passionate individuals to FinTech unicorns, global financial institutions, and leading professional service providers. FTAHK is led by a volunteer group of board members from the FinTech community who care about the future of FinTech in Hong Kong, mainland China, and Asia. The Association’s three initial goals are to:
- Advocate – create the unified voice for the Hong Kong FinTech ecosystem
- Collaborate – bring together the diverse parts of the community
- Educate – learn from existing leaders and nurture the next generation of talent
For more information about the FinTech Association of Hong Kong and how you can join, visit:http://ftahk.org/