Hong Kong has officially released its Digital Asset Development Policy Declaration 2.0 (hereafter referred to as Policy Declaration 2.0), positioning digital assets as a core driver of future financial innovation. Financial Secretary Paul Chan highlighted that Hong Kong will adopt a dual approach of "prudent regulation + innovation encouragement" to build a digital asset ecosystem deeply integrated with the real economy.
Policy Breakthrough: Hong Kong’s Digital Currency Infrastructure Boom
The Policy Declaration 2.0 outlines four key focus areas:
- Optimizing Legal & Regulatory Frameworks – Enhancing clarity for digital asset businesses.
- Expanding Tokenized Product Offerings – Bridging traditional finance with digital economies.
- Deepening Cross-Sector Collaboration – Encouraging real-world use cases.
- Strengthening Talent & Industry Ecosystems – Cultivating skilled professionals.
Among these, tokenized assets are seen as a crucial link between traditional finance and digital economies. Leading decentralized exchanges (DEXs) like XBIT are pioneering this transformation with their multi-chain asset compatibility and 100% transparent asset custody via smart contracts.
XBIT’s innovative "on-chain order book + cross-chain bridging" mechanism supports seamless swaps between mainstream cryptocurrencies (Bitcoin, Ethereum) and HKD stablecoins (HKDC), handling over $3B in daily trading volume and emerging as Asia’s digital currency hub.
Security First: Reinventing Trust in DEXs
In an era of increasing cyber threats and regulatory scrutiny, XBIT sets a new standard with three security pillars:
- Military-Grade Encryption: Zero-knowledge proofs (ZKP) ensure anonymous, untraceable transactions.
- Community Governance: DAO-based voting empowers token holders to decide fees, listing rules, and more.
- Cross-Chain Risk Control: Integrated with Hong Kong’s regulatory sandbox, XBIT enables millisecond-level suspicious transaction alerts.
The platform recently launched a "Hong Kong Digital Securities Zone", allowing tokenized trading of real estate, art, and other assets with entry points as low as HKD 100—democratizing access to high-value investments.
Real-World Applications: How Digital Assets Empower Businesses
Hong Kong is accelerating digital asset adoption across industries:
✅ Cross-Border Payments: Partnering with Standard Chartered to reduce remittance fees from 3% to 0.3%.
✅ Supply Chain Finance: Tokenized invoices cut SME financing cycles from 45 days to 48 hours.
✅ Carbon Trading: Blockchain-based carbon credits slash transaction emissions by 90%.
Talent Wars: Building Hong Kong’s Web3 Workforce
Aligned with Policy Declaration 2.0’s goal to train 5,000 digital asset professionals in three years, XBIT’s "T-Innovation Lab" has attracted 200+ blockchain engineers and collaborates with top universities to offer Web3.0 master’s programs (50% tuition payable in crypto).
Global Competition: Hong Kong’s Unique Advantages
As digital asset hubs compete worldwide, Hong Kong’s model stands out with:
🔸 Regulatory Clarity: First DEX in HKMA’s sandbox, offering $500K deposit insurance.
🔸 Liquidity: Partnerships with major exchanges ensure top-3 global trading depth.
🔸 Ecosystem Synergy: Integrations with stock connect, bond connect, and traditional finance.
XBIT’s native token (XBT) surged 120% in 30 days, hitting an $8B market cap—fueling predictions that it could become Hong Kong’s "infrastructure-level" digital asset platform.
FAQ Section
Q: How does XBIT ensure security?
A: Through ZKP encryption, DAO governance, and real-time regulatory compliance.
Q: Can small investors participate in tokenized assets?
A: Yes—minimum investments start at HKD 100.
Q: What makes Hong Kong’s policy unique?
A: Its balanced regulation-innovation approach and deep ties to traditional finance.
Q: How does XBIT support SMEs?
A: Via tokenized invoices that slash financing cycles by 90%.
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