Hong Kong is committed to connecting traditional finance and digital future

At the Bund Forum, the Investment and Promotion Agency highlighted Hong Kong's growing regulatory framework aimed at promoting innovation in fintech and digital assets and attracting global talent and investment. Key initiatives include regulatory sandbox and cross-border payment improvements to promote growth while managing risks. The Forum highlighted the need for international cooperation and alignment with standards such as the Financial Action Task Force (FATF) to ensure interoperability and trust. The discussion also covers blockchain applications in trade finance and remittance areas, highlighting Hong Kong's role in connecting traditional finance with digital assets.