- As Hong Kong continues to implement measures designed to transform the region into a global blockchain hub, the Hong Kong Securities and Investment Institute has announced a plan to train digital asset traders to give them the necessary expertise to effectively engage with the asset class.
Shaftesley noted that young residents in the region have been interested in digital assets “for quite some time,” and said, “The virtual asset industry has been keen to be regulated because if you are regulated, it gives the industry more confidence, and they can market themselves more comfortably saying we are regulated.”
During his first policy address in October, Hong Kong’s leader John Lee Ka-chiu said the city aims to attract up to 200 family offices to the region by 2025. This change was hastened by the Covid-19 pandemic, which led to the widespread roll-out of online training courses in lieu of physical classroom lessons.
According to the HKSI website, the first educational webinar, entitled “How Digital Assets can Co-Exist within Traditional Finance’s IT Architecture,” will take place on July 20. Hong Kong has rapidly risen in the ranks of jurisdictions attracting blockchain firms over the past year as the city has diverged from China’s hard-line anti-crypto stance to accept the industry with open arms.
Source: News Formal (newsformal.com)
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »
Source: CP24 - 🏆 30. / 67 Read more »
Source: CTVNews - 🏆 1. / 99 Read more »
Source: calgarysun - 🏆 63. / 52 Read more »
Source: TheTorontoSun - 🏆 23. / 68 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »