Hong Kong's Financial Services and Treasury Bureau: Global Crypto and Web3 Industry Event Consensus to Begin in Hong Kong Tomorrow, Expected to Attract 8,000 Attendees
The Hong Kong Financial Services and Treasury Bureau announced on its social media that the global most influential cryptocurrency and Web3 industry event "Consensus" will be held in Hong Kong from tomorrow for three days, marking the first time outside the United States, attracting 8,000 participants, including 6,000 from around the world. Industry founders, CEOs, and other key figures will gather in Hong Kong, showcasing the recognition of the host to Hong Kong's recent vigorous promotion of fintech development and the creation of a diversified, healthy, and sustainable market environment.The Hong Kong Financial Services and Treasury Bureau stated that Secretary for Financial Services and Treasury, Andrew Lee, will deliver a speech at the summit tomorrow, introducing the measures Hong Kong has taken to connect the traditional financial system and the virtual asset market, as well as the well-developed regulatory system to protect investors, to attract them to take advantage of Hong Kong's unique advantages as an international financial center to set up or expand their development.In addition, the Hong Kong Financial Services and Treasury Bureau mentioned that the High Court had previously made a ruling to approve the issuance of a "tokenized injunction" through blockchain technology to two suspected fraudulent virtual asset wallet addresses. Anyone who intends to trade with the virtual asset wallet involved in the case will see the injunction stored on the blockchain.The Hong Kong Financial Services and Treasury Bureau stated that the ruling reflects Hong Kong's judicial system is up-to-date and is a significant step forward in perfecting the regulation and protection of virtual assets and digital currencies. The issuance of the injunction through blockchain technology provides a practical solution for dealing with legal matters in the virtual asset field and sets an important precedent for Hong Kong to deal with similar cases in the future. Hong Kong, as an international financial center, can use innovative technology to handle legal matters, which will help enhance the legal protection of virtual asset market participants.


















