PANews
PANews|Sep 09, 2026 13:09
[Hong Kong Legislative Council Member Proposes Establishing an Independent Digital Asset Division under the Securities and Futures Commission, Aiming to Become an International Digital Asset Hub by 2032] According to the Hong Kong Commercial Daily, Hong Kong Legislative Council member representing the technology and innovation sector, Duncan Chiu, has released a policy proposal titled '3+3 Synergistic Development Blueprint: Hong Kong's Innovative Path to Integrate into the Nation's Future Industries.' The proposal outlines a medium- to long-term development roadmap for Hong Kong's digital finance and Web3 industries, with a core recommendation to promote the establishment of an independent digital asset division under the Hong Kong Securities and Futures Commission (SFC). The blueprint's goal is to transform Hong Kong into an international digital asset hub by 2032. Supporting measures include creating early-stage investment channels in the Web3 financial sector, exploring the establishment of a 'Hong Kong version of Web3 Pinksheet' for over-the-counter fundraising mechanisms, and focusing on the development of tokenization for Real-World Assets (RWA) and tokenized stocks. These efforts aim to bridge the gap between traditional physical assets and digital finance.
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