CDS Crypto News Animoca Co-Founder Yat Siu Appoint to Hong Kong Web3 Task Force
Crypto News

Animoca Co-Founder Yat Siu Appoint to Hong Kong Web3 Task Force

Animoca co-founder Yat Siu will be part of the Hong Kong web3 task force.

658
Animoca Co-Founder Yat Siu Appoint to Hong Kong Web3 Task Force

Yat Siu, a co-founder of Animoca Brands, has been elected to the Hong Kong government‘s newly formed Task Force on Promoting Web3 Development.

Animoca Co-Founder Yat Siu Appoint to Hong Kong Web3 Task Force

A team of 15 people from the pertinent market sectors, including important government officials and financial regulators, will be led by Siu, who is also the executive chairperson of Animoca Brands.

I believe that the work of the Task Force will help to shape not only Hong Kong but also globally in the adoption of blockchain technologies, particularly in the areas of regulation, ecosystem building, industry development, and talent development,

Siu

What is the Purpose of the Task Force?

Following the Hong Kong government’s release of a policy statement on virtual asset development, which acknowledged its relevance in the Web3 ecosystem, this task force was created. The task force is meant to help Hong Kong’s Web3 industry grow responsibly and sustainably.

About Animoca

The developer of games like The Sandbox and Revv is Animoca, a company that specializes in digital property rights in gaming and the metaverse. Additionally, it invests in Yield Guild Games, an autonomous decentralized organization, and NFT powerhouse OpenSea.

Sources:techinasia
Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Dogen Crypto- Must-Watch Altcoins for 2025: BlockDAG, DOGEN, and More

Discover the top 5 altcoins for 2025 with huge growth potential —...

Ripple Bullish Run: $2 Milestone Looks Achievable

Ripple Bullish Run: $2 Milestone Looks Achievable

Polkadot Price Prediction: What’s Driving the Recent Rally?

Polkadot (DOT) is up 111% in the last month. Will it break...

BTC Price Forecast: 85% Chance of $100K Before 2025

BTC Price Forecast: 85% Chance of $100K Before 2025