Hong Kong Financial Services and the Treasury Deputy Secretary Chan Ho-lim: The LEAP framework will guide Hong Kong in building a digital asset ecosystem integrated into the real economy.

In his address at the 2026 Hong Kong Web3 Carnival, Mr. Chan Ho-lim, Under Secretary for Financial Services and the Treasury, stated that the LEAP framework proposed in the "Hong Kong Digital Asset Development Policy Declaration 2.0" is a blueprint for future development, aiming to build a trustworthy, sustainable, and deeply integrated digital asset ecosystem into the real economy. This framework comprises four pillars: Legal and regulatory streamlining, expanding the suite of tokenized products, advancing use cases and cross-sectoral collaboration, and people and partnership development. Mr. Chan pointed out that through the LEAP framework, Hong Kong is advancing the regulatory system for digital asset trading and custody services, with plans to submit a draft ordinance in 2026. Simultaneously, the government will promote the tokenization of assets such as precious metals and energy, explore real-time liquidity management through the Ensemble project, and collaborate with universities and industry to cultivate a new generation of blockchain and AI technology talent.