$6.5M Annual Budget For Web3 From Hong Kong

Hong Kong announced that it has allocated a budget of $6.4 million during the year to develop the Web3 ecosystem within the province.

Hong Kong 2023-2024 during the annual budget meeting Web3 to support and develop the ecosystem 6.4 million announced that he had allocated a budget of $ Web3 technology, which is stated to be in its infancy, is very important for the internet age. big One potential The importance of Hong Kong’s keeping up with this development was also emphasized.

In the announcement, the funds were set up earlier this year. innovation board Cyberport through businesses And of sectors of web3 boundaries And possibilities better grasp to provide sectors cooperation between encourage, A wide range of Web3 organization set up and youth Web3 workshops for to organise specified to be used for

There has been a lot of talk about the cryptocurrency ecosystem recently. effective decisions area and throughout China within the scope of these decisions. Forbidden Thinking of paving the way for crypto money investments Hong Kong, Web3 and crypto companies re-interest started pulling. Huobi After the last steps of Hong Kong, many big crypto companies such as operating license It is known that he took action to get it.

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