Foresight News on-site report: Hong Kong Special Administrative Region Secretary for Financial Services and the Treasury, Christopher Hui, responded to the question of “how to attract blockchain foundations and their technical teams to settle in Hong Kong” at Consensus 2026. He stated that the Hong Kong government is very welcoming of Layer 1 protocols establishing bases in the city, which will further strengthen Hong Kong’s position as a Web3 hub. He explained that the previous lack of foundations and teams setting up in Hong Kong was mainly due to pandemic-related restrictions. These obstacles have now been removed, and hundreds of Web3 companies are currently operating in Hong Kong.
Hui emphasized that the Hong Kong government will continue to strengthen its relationships with major blockchain protocol organizations and leverage existing pro-business policies to actively invite them to establish offices and deploy technical personnel in Hong Kong. Additionally, the discussion also mentioned the proposal to study a regulatory framework for DAOs (Decentralized Autonomous Organizations) to address the legal status issues of foundations that are not traditional companies, thereby better integrating digital assets with traditional finance.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The White House: Iran’s proposed new plan could serve as the basis for U.S.-Iran nuclear talks, and Trump’s uranium enrichment red line remains unchanged
White House press secretary Leavitt said that Iran’s initial package of 10 proposals has been abandoned, but that the new proposal could serve as the basis for U.S.-Iran negotiations. Trump emphasized that stopping uranium enrichment activities is a red line and rejected a “wish list” style agreement.
GateNews1h ago
Is there a connection between it and the Crown Prince Group? While a cryptocurrency resort project in Timor-Leste is underway, the construction site is left completely empty.
Timor-Leste’s “crypto cryptocurrency resort” plan is reportedly related to a scam network run by the Cambodian royal family group that has been sanctioned by the United States; on-the-ground investigations found the site to be empty land. The royal family group is accused of carrying out large-scale online fraud, with victims worldwide. The investigation has raised concerns within the Timor-Leste government, which said the country faces the risk of transnational crime.
CryptoCity2h ago
Israeli Prime Minister Netanyahu will deliver a statement today at 01:15
Gate News message: On April 8, the Israeli Prime Minister’s Office said that Netanyahu will deliver a statement to the media today at 01:15 (Beijing time early April 9) with no Q&A session.
GateNews3h ago
Qatar Ministry of Defense: Iran carried out an attack with seven ballistic missiles and multiple drones today local time
Gate News message. On April 8, the Qatari Ministry of Defense announced that today, local time, Qatar was attacked by seven ballistic missiles and multiple drones from Iran. The Qatari Ministry of Defense also stated that its air defense systems successfully intercepted all incoming missiles and drones.
GateNews3h ago
U.S. officials: Earlier today, Iranian refineries were attacked; carried out by the United States, the Israelis, and others
Gate News message. On April 8, according to AXIOS, a U.S. official said that the attack on an Iranian refinery earlier today was not carried out by the United States or Israel.
GateNews3h ago
Iran–U.S. war ceasefire for 2 weeks! Bitcoin surges to 72k, TSMC jumps sharply—but we still can’t be too optimistic
Pakistan helped broker a two-week ceasefire agreement between the U.S. and Iran, easing market tensions, leading Bitcoin’s price to break above $72,000 and triggering liquidations of approximately $600 million in cryptocurrency futures. Oil prices plunged 13%, and traditional financial markets also rebounded on expectations of peace. Although the market has risen temporarily, it still needs to watch the progress of negotiations over the next two weeks, because the core issues have not been resolved and future volatility risk remains.
CryptoCity3h ago
