Over the past year, Hong Kong has been making serious moves toward becoming a true innovation and technology hub. The city is increasingly leaning into I&T as a major growth driver, treating it not just as a side project but as a core pillar alongside its traditional financial strengths. This shift signals how key markets are recognizing that tech innovation—especially in areas like blockchain, digital finance, and Web3—isn't optional anymore. It's becoming central to competitiveness. For those watching Hong Kong's regulatory trajectory and market positioning, this pivot matters. The city's emphasis on fostering an innovation ecosystem could shape how Asia approaches crypto and fintech development going forward.
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Over the past year, Hong Kong has been making serious moves toward becoming a true innovation and technology hub. The city is increasingly leaning into I&T as a major growth driver, treating it not just as a side project but as a core pillar alongside its traditional financial strengths. This shift signals how key markets are recognizing that tech innovation—especially in areas like blockchain, digital finance, and Web3—isn't optional anymore. It's becoming central to competitiveness. For those watching Hong Kong's regulatory trajectory and market positioning, this pivot matters. The city's emphasis on fostering an innovation ecosystem could shape how Asia approaches crypto and fintech development going forward.