The first "Innovative Technology and Art Development Summit Forum" will be held in Hong Kong in mid-August

The first "Innovative Technology and Art Development Summit Forum" (ITA 2023) series of activities jointly sponsored by Bauhinia Magazine and other institutions will be held in Hong Kong in mid-August.

Today, the construction of a global virtual asset center vigorously promoted by the Hong Kong Special Administrative Region Government has made significant progress. The "Guidelines Applicable to Operators of Virtual Asset Trading Platforms" and "Guidelines on Combating Money Laundering" ("Guidelines") issued by the Hong Kong Securities Regulatory Commission will be officially implemented today. The Hong Kong Securities Regulatory Commission has begun to accept virtual asset trading platform operators to apply for licenses, and allows retail investors to use licensed virtual asset trading platforms.

It is understood that since the Hong Kong Securities Regulatory Commission announced the license application form on May 25, some companies have started to prepare for the license application. According to the virtual asset licensing system, it is necessary to apply for a digital asset license and a virtual asset service provider license (VASP). In terms of protecting investors, the "Guidelines" stipulate that retail investors are allowed to use licensed virtual asset trading platforms, but virtual asset trading platforms need to follow the regulations and establish a series of rules covering establishing business relationships with customers, governance, disclosure and token due diligence. Appropriate investor safeguards reviewed and incorporated.

Hong Kong is one of the world's most dynamic international financial centers, international innovation and technology centers, and cultural and artistic exchange centers between China and foreign countries. It promotes economic growth through technological innovation. The development of Web3.0 in Hong Kong is at the "golden starting point". In order to facilitate the integrated development of innovative technology and culture and art, align with national strategies, and lead the majestic wave of the digital economy, the first "Innovative Technology and Art Development Summit Forum" (ITA 2023) will bring together well-known figures from the fields of finance, technology, culture and art to participate in the forum. Cross-border exchanges and in-depth discussions. At that time, Li Jiachao, Chief Executive of the Hong Kong Special Administrative Region, and other dignitaries, industry leaders, and heavyweight guests will deliver speeches and speeches.

The forum will conduct in-depth exchanges on topics such as industrial policy, industry supervision, innovation ecology, key technologies, digital art, and investment opportunities. Activities include theme forums, special forums, proposal roadshows, investment negotiations, exhibitions, etc., aiming to make full use of Hong Kong's internationalization advantages, "super liaison" status and open policy environment, gather global essential resources, and help Hong Kong international innovation Construction and development of science and technology center and Sino-foreign culture and art exchange center.