The post Hong Kong Boosts Global Digital Asset Ambition with New Policies appeared on BitcoinEthereumNews.com. Key Points: Hong Kong intensifies digital asset ambitions, prioritizing innovation and compliance. Integration of capital markets with digital assets is planned. Focus on reshaping industries like IoT and energy. Hong Kong is advancing its plan to become an international digital asset hub, as stated by Legislative Council member Ng Kit-chung on August 30 through social media platforms. This initiative aims to integrate capital markets with digital assets, potentially transforming various traditional sectors through Web3 applications, driving market growth and innovation worldwide. Hong Kong’s Strategic Move Toward Digital Asset Leadership Hong Kong’s shift aims to integrate the capital markets with the digital asset sector, potentially transforming industries like the Internet of Things (IoT) and energy. The expected new market momentum could reshape traditional sectors through Web3 applications. The announcement drew widespread interest across the digital asset community. Ng highlighted that many international exhibitors at Cyberport are working on projects that tie Web3 to real-world applications, which could introduce new market opportunities. Ng Kit-chung, Legislative Council Member, Chairman of the Web3 and Virtual Asset Development Task Force, stated, “Hong Kong is actively building an international digital asset center, prioritizing both innovation and compliance for businesses. The integration of the capital market and the digital asset industry will bring new momentum to the market.” Historical Achievements and Future Prospects for Digital Integration Did you know? Hong Kong pioneered Asia’s first digital asset futures ETFs in 2022, driving significant local trading volume increases. Ethereum (ETH) trades at $4,356.83, with a market cap of $525.90 billion and a trading volume of $37.62 billion, according to CoinMarketCap. It has seen a recent 0.25% drop over the last 24 hours, yet a more notable 78.07% increase over 60 days. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 13:38 UTC on August 30, 2025. Source: CoinMarketCap The Coincu research… The post Hong Kong Boosts Global Digital Asset Ambition with New Policies appeared on BitcoinEthereumNews.com. Key Points: Hong Kong intensifies digital asset ambitions, prioritizing innovation and compliance. Integration of capital markets with digital assets is planned. Focus on reshaping industries like IoT and energy. Hong Kong is advancing its plan to become an international digital asset hub, as stated by Legislative Council member Ng Kit-chung on August 30 through social media platforms. This initiative aims to integrate capital markets with digital assets, potentially transforming various traditional sectors through Web3 applications, driving market growth and innovation worldwide. Hong Kong’s Strategic Move Toward Digital Asset Leadership Hong Kong’s shift aims to integrate the capital markets with the digital asset sector, potentially transforming industries like the Internet of Things (IoT) and energy. The expected new market momentum could reshape traditional sectors through Web3 applications. The announcement drew widespread interest across the digital asset community. Ng highlighted that many international exhibitors at Cyberport are working on projects that tie Web3 to real-world applications, which could introduce new market opportunities. Ng Kit-chung, Legislative Council Member, Chairman of the Web3 and Virtual Asset Development Task Force, stated, “Hong Kong is actively building an international digital asset center, prioritizing both innovation and compliance for businesses. The integration of the capital market and the digital asset industry will bring new momentum to the market.” Historical Achievements and Future Prospects for Digital Integration Did you know? Hong Kong pioneered Asia’s first digital asset futures ETFs in 2022, driving significant local trading volume increases. Ethereum (ETH) trades at $4,356.83, with a market cap of $525.90 billion and a trading volume of $37.62 billion, according to CoinMarketCap. It has seen a recent 0.25% drop over the last 24 hours, yet a more notable 78.07% increase over 60 days. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 13:38 UTC on August 30, 2025. Source: CoinMarketCap The Coincu research…

Hong Kong Boosts Global Digital Asset Ambition with New Policies

Key Points:
  • Hong Kong intensifies digital asset ambitions, prioritizing innovation and compliance.
  • Integration of capital markets with digital assets is planned.
  • Focus on reshaping industries like IoT and energy.

Hong Kong is advancing its plan to become an international digital asset hub, as stated by Legislative Council member Ng Kit-chung on August 30 through social media platforms.

This initiative aims to integrate capital markets with digital assets, potentially transforming various traditional sectors through Web3 applications, driving market growth and innovation worldwide.

Hong Kong’s Strategic Move Toward Digital Asset Leadership

Hong Kong’s shift aims to integrate the capital markets with the digital asset sector, potentially transforming industries like the Internet of Things (IoT) and energy. The expected new market momentum could reshape traditional sectors through Web3 applications.

The announcement drew widespread interest across the digital asset community. Ng highlighted that many international exhibitors at Cyberport are working on projects that tie Web3 to real-world applications, which could introduce new market opportunities.

Historical Achievements and Future Prospects for Digital Integration

Did you know? Hong Kong pioneered Asia’s first digital asset futures ETFs in 2022, driving significant local trading volume increases.

Ethereum (ETH) trades at $4,356.83, with a market cap of $525.90 billion and a trading volume of $37.62 billion, according to CoinMarketCap. It has seen a recent 0.25% drop over the last 24 hours, yet a more notable 78.07% increase over 60 days.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 13:38 UTC on August 30, 2025. Source: CoinMarketCap

The Coincu research team suggests that with Hong Kong’s regulatory clarity, increased adoption of tokenized assets and stablecoins could be on the horizon, potentially revolutionizing traditional financial frameworks globally.

Source: https://coincu.com/blockchain/hong-kong-digital-asset-initiatives/

Market Opportunity
RealLink Logo
RealLink Price(REAL)
$0,07901
$0,07901$0,07901
-1,91%
USD
RealLink (REAL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

X to cut off InfoFi crypto projects from accessing its API

X to cut off InfoFi crypto projects from accessing its API

X, the most widely used app for crypto projects, is changing its API access policy. InfoFi projects, which proliferated non-organic bot content, will be cut off
Share
Cryptopolitan2026/01/16 02:50
X Just Killed Kaito and InfoFi Crypto, Several Tokens Crash

X Just Killed Kaito and InfoFi Crypto, Several Tokens Crash

The post X Just Killed Kaito and InfoFi Crypto, Several Tokens Crash appeared on BitcoinEthereumNews.com. X has revoked API access for apps that reward users for
Share
BitcoinEthereumNews2026/01/16 03:42
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37