Industry
experts have disclosed that the persistence of Hong Honk in setting up the city
as the epicenter for the digital asset, #blockchain, and #Web3 industries has thrown
up the city ahead of the United States, the nation that previously led the #crypto
space.
The latest
effort to develop Hong Kong as a Web3 hub was the organization of the Task
Force aimed at promoting the Web3 sector.
The Government
of the Hong Kong Special Administration Region made a statement that the
authority announced the establishment of the Task Force, consisting of 11
government officials and 15 non-official members.
A Hong Kong-
domiciled entrepreneur, Yat Siu, who co-founded #Animoca Brands, a Web3
investment firm, is among the 15 industry experts invited to the Task Force’s
advisory committee.
Siu shared
his enthusiasm that the establishment of the Task Force would help enhance the
global adoption of blockchain technology.
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