Hong Kong Finance Chief: Blockchain and AI Drive Digital Financial Services

Hong Kong’s Financial Secretary, Paul Chan, shared his vision for digital financial services at the APEC Finance Ministers’ Meeting, highlighting the potential of blockchain and artificial intelligence. According to Foresight News, Chan emphasized how these technologies enhance efficiency, reduce costs, and promote financial inclusion. To ensure a responsible approach, he stressed the need to balance innovation with investor protection and financial stability. Hong Kong is actively engaging in cross-border initiatives on digital finance and welcomes collaboration with regional partners.