According to Foresight News, the Digital Asset Alliance held an establishment ceremony at the Hong Kong Legislative Council. The co-initiators include the Democratic Alliance for the Betterment and Progress of Hong Kong, China Merchants Financial Holdings, Hong Kong Web3.0 Association, School of Management of the University of Hong Kong, Cloud Innovation Academy of Hang Seng University, Hong Kong Digital Asset Society, and HashKey Group. The alliance aims to gather multi-party forces and provide policy recommendations for the development of digital finance in Hong Kong, promoting digital finance development through collaboration between government, enterprises, and academia.
As the only virtual asset institution representative in the alliance, Ru Haiyang, Co-CEO of HashKey Group's Exchange Business Group, stated that Hong Kong's clear virtual asset regulatory framework provides important guidance for industry development. As an industry participant, HashKey Group will leverage its professional advantages in compliant trading, asset custody, and blockchain technology to build a communication bridge between the industry and regulatory authorities, helping Hong Kong seize Web3 development opportunities and create a global leading digital asset hub.
