Hong Kong to set aside over $6m to support Web3 development

Hong Kong to set aside over $6m to support Web3 development

Image by Florian Wehde from Unsplash.

Hong Kong plans to allocate HK$50 million ($6.4 million) to expedite the Web3 ecosystem development, said Financial Secretary Paul Chan Mo-po in the city’s latest budget speech on Wednesday.

Edited by: Padma Priya