![Hong Kong to Kickstart New Web3 and Digital Yuan Initiatives This Year – Bitcoin News Hong Kong to Kickstart New Web3 and Digital Yuan Initiatives This Year – Bitcoin News](https://i0.wp.com/static.news.bitcoin.com/wp-content/uploads/2024/03/df86283b-bc36-4620-884a-c4d7ccee3987.jpg?w=896&ssl=1)
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The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and expand the digital yuan pilot as part of its digital finance policies. […]
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