#Hong Kong Digital Asset Policy 2.0#  Hong Kong Digital Asset Policy 2.0: Stablecoins, and a Comprehensive Regulatory Upgrade.

On June 26, 2025, Hong Kong officially released the “Policy Statement on the Development of Virtual Assets 2.0,” making it clear that the city aims to become a trusted global digital asset hub deeply embedded in the real economy.

Stablecoins, (real-world asset tokenization), tokenized ETFs, regulatory coordination, pilot funding — every keyword sends a clear signal: Hong Kong is getting serious about Web3. And this time, it’s not just empty rhetoric. This is about institutional upgrades, supporting infrastructure, committed funding, and heavyweight players already making moves.

Policy 2.0 Is Not Just an Upgrade — It’s a Roadmap for Hong Kong Web3

Many people might assume that “2.0” just means a minor update, but this time it is obviously not a simple patch. It’s a systematic strategic blueprint.

These four pillars cover rules, assets, applications, and talent — essentially connecting the top-level policy design to the bottom-layer infrastructure. It’s about fixing internal gaps, attracting external capital and flows, and can be seen as a national-level Web3 renovation.

Among all elements of Policy 2.0, the most striking is the redefinition of stablecoins.