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“In order for Web3 to steadily take the road of innovative development, we will adopt a strategy that emphasizes both ‘proper regulation’ and ‘promoting development,’” said Chan. “In terms of proper supervision, in addition to ensuring financial security and preventing systemic risks, we will also do a good job in investor education and protection, and anti-money laundering.” The post Hong Kong’s Financial Secretary Declares Now Is the “Right Time” For Web3 Adoption appeared first on BitcoinLinux.

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Author: NixCoin