Hong Kong government officials have announced their continued commitment to advancing financial innovation. The focus will include key areas such as Fintech, green finance, Web3-related decentralized finance (DeFi) and virtual assets. The government emphasized that these initiatives will be sustained while ensuring financial risks remain manageable. The overarching strategy includes significant investments in Fintech to streamline financial services and improve user experiences. DeFi on Web3 is poised to gain significant attention, reflecting the growing importance of decentralized finance solutions in the global financial landscape.
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