Hong Kong’s commitment to crypto was recently reinforced after its Financial Secretary, Paul Chan, unveiled the government’s plan to inject HK$50 million ($6.5 million) into the island city’s 2023-24 budget in order to develop a Web3 ecosystem. The funds will be used to promote cross-sector business cooperation, organize youth workshops, etc. While the majority of The post Hong Kong Embraces Crypto Despite Concerns Surrounding the Industry appeared first on Coin Edition .
