On June 26, 2025, the Hong Kong SAR Government unveiled its Digital Asset Development Policy Declaration 2.0, reaffirming its commitment to becoming a world-class digital asset center—a trusted market where innovation thrives within controlled risks, integrated with the real economy and financial markets.
Key elements of the policy follow the LEAP framework:
- Legal streamlining
- Expansion of tokenized products
- Acceleration of real-world applications
- Partnership building for talent & collaboration
Highlights include:
- Public consultation on licensing frameworks for digital asset trading and custody, with the SFC and HKMA clearly demarcated as regulators;
- Normalizing tokenized bond issuance, enabling secondary market liquidity and investor participation, backed by tax relief policies;
- Exploring stablecoins as compliant payment tools;
- Launching pilot funding and incubation through Cyberport and other initiatives.
By reinforcing both regulation and innovation, Hong Kong positions itself not just as a Web3 technology hub, but as a pioneer in regulatory architecture—making it a premier location for digital asset evolution in Asia.
DogPay: Powering Compliant Payments in a Tokenized Economy
As Hong Kong sets the stage for regulated digital asset development, DogPay offers tangible infrastructure to realize this vision:
- Licensed stablecoin payment rails aligned with compliance standards;
- Bridging tokenized asset markets and real-world settlement via multi-currency global accounts and API access;
- Enabling fintech & Web3 applications with seamless payment solutions, including e-commerce, digital services, and advertising spending.
In a landscape where policy leadership meets innovation, DogPay stands as a key enabler—transforming regulated frameworks into practical, scalable payment capabilities.
