HONG KONG STACKS WEB3 TASK FORCE WITH TOP FINANCE REGULATORS

Summary from the TLDR Crypto newsletter

Hong Kong has launched a dedicated task force for web3, another step in its decision to embrace crypto companies and blockchain tech. Led by Financial Secretary Paul Chan, the 15-member team includes professionals from various sectors, such as university professors, government officials, and financial regulators. Financial Secretary Chan highlighted the potential for blockchain tech to drive innovation across multiple sectors.