Wu Jiezhuang was elected as the chairman of the Hong Kong Legislative Council Web3 and Virtual Asset Development Subcommittee

The Web3 and Virtual Asset Development Subcommittee of the Hong Kong Legislative Council has announced the election results for the chairman and vice-chairman. According to Legislative Council document CB(1)769/2024, Legislative Council member Wu Chi-wai has successfully been elected as the chairman of the subcommittee. The establishment of the Web3 and Virtual Asset Development Subcommittee primarily examines the application and development of Web3 and virtual asset technology in Hong Kong, and makes recommendations on the implementation of relevant regulations and policies. The subcommittee's first meeting will be held on June 17, 2024 (Monday) from 4:30 pm to 5:00 pm in Meeting Room 2A of the Legislative Council Complex.

Wu Chi-wai stated on social media that he is very grateful for the support of his Legislative Council colleagues in establishing the policy research group, and also thanks legislators Claudia Mo and James To for nominating him as chairman. In the coming year, he will actively work with the government, industry and society to build the Hong Kong Special Administrative Region of China into an international Web3 center.