HashKey CEO: VAOTC is the next highly anticipated license to be issued in Hong Kong

HashKey Exchange CEO Livio Weng said that in the 2024 Policy Address of Hong Kong Chief Executive John Lee, the Hong Kong government has made more specific statements on deepening its digital economy. VAOTC is Hong Kong's next highly anticipated license to be launched, and improving the regulatory framework for virtual asset transactions is also key to the development of the industry. Compared with the 2023 Policy Address, which only mentioned the promotion of the digital economy, this year's report is more specific. This change shows that the Hong Kong government's support for Web3 business has covered multiple areas such as ecosystems, PayFi, RWA and security tokens (STO). (aastocks)