Policymakers at Consensus Hong Kong, a major annual conference focused on blockchain, Web3, and digital assets, unveiled a series of initiatives to strengthen the domestic digital asset landscape.

Following the policymakers’ announcement, reports noted that the Consensus showed that, despite the overhyped, silly projects, companies are still finding real, practical value in the technology.

Hong Kong seeks to solidify itself as a hub for digital assets 

Hong Kong has displayed a growing interest in the crypto industry. To support this claim, reports noted that regulators in the region are actively fostering growth in the digital asset ecosystem through the introduction of a perpetual contract framework and the announcement that…