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ARTICLE · 25 JULY 2025

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Hong Kong's Visionary Path For Digital Assets

Withers LLP
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Hong Kong has clearly positioned itself as a global leader in the cryptocurrency space. At the heart of this agenda lies Policy Statement 2.0, a visionary roadmap issued by the Hong Kong government that outlines...

Hong KongTechnology
Gary Leung
Gary Leung
Daniel Tang
Daniel Tang
Simon Wong
Simon Wong
Ian Chan
Ian Chan
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Introduction

Hong Kong has clearly positioned itself as a global leader in the cryptocurrency space. At the heart of this agenda lies Policy Statement 2.0, a visionary roadmap issued by the Hong Kong government that outlines a commitment to building a trusted and innovative digital asset ecosystem — one that balances technological advancement with rigorous regulatory oversight.

Central to the Policy Statement 2.0 is the 'LEAP' framework, an ambitious strategy designed to create a unified regulatory regime, expand tokenized financial products, foster cross-sector collaboration, and nurture a sustainable talent pipeline. 

But perhaps the most significant leap forward is the introduction of a dedicated licensing regime for stablecoin issuers with the new Stablecoins Ordinance (the 'Ordinance'). As attention turns to the implementation of the new Ordinance, Hong Kong reaffirms its role as a pioneer, offering a blueprint for responsible, sustainable, and

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