The Government of the Hong Kong Special Administrative Region has unveiled the "Policy Declaration 2.0 on Digital Asset Development in Hong Kong," with the ambition of establishing Hong Kong as a leading global hub for innovation in the digital asset industry. Building upon the initial declaration issued in 2022, this updated policy focuses on expanding the application of tokenization across various scenarios. The government aims to harmonize prudent regulation with market innovation, fostering a robust digital asset ecosystem that not only amplifies economic and social benefits but also solidifies Hong Kong's position as an international financial center.