The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and expand the digital yuan pilot as part of its digital finance policies. […]

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• Source: https://www.bitcoinnewsminer.com/hong-kong-to-kickstart-new-web3-and-digital-yuan-initiatives-this-year/