Two new Hong Kong industry associations, Hong Kong Licensed Virtual Assets Association (HKLVAA) and Web3 Harbour, were launched on 29 May with commitment to the growth and development of the virtual asset economy and decentralized internet.
Industry leaders from Animoca Brands, DLA Piper, and WHub are among the founding board members of Web3 Harbour, with PwC Hong Kong as a knowledge partner, while HKLVAA counts representatives from SFC-licensed corporations with an uplift or approval for virtual asset activities in Hong Kong as founding members. These include HashKey Digital Asset Group Limited, Venture Smart Asia Limited, Victory Securities Company Limited, Axion Global Asset Management Limited, and MaiCapital Limited.
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Policy and Regulation