Hong Kong has set up a taskforce to help it become a Web3 hub. camomileshumba reports.
The task force is being chaired by Financial Secretary Paul Chan and comprises of 15 non-official members from relevant sectors and key government officials along with financial regulators will participate.
"The blockchain technology that underpins crypto is secure, transparent, low cost and has the potential to solve many difficult problems in finance, business operations and trade," Chan said in the press release.and also announced the start of a virtual asset taskforce.
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