Hong Kong Government's Draft 2023 Budget Allocates 6.8 Billion Yen for Web3 Ecosystem Development?
Hong Kong's draft fiscal budget for 2023 has been unveiled, allocating about 6.8 billion yen to accelerate the development of the Web3 ecosystem. The funds will be invested in the "Web3 Hub" at Cyberport, a startup support facility operated by a company wholly owned by the Hong Kong government.