The Hong Kong government has officially renamed virtual assets to digital assets

Odaily News According to Hong Kong media Sing Tao Daily, with the Hong Kong governments release of the Hong Kong Digital Asset Development Policy Declaration 2.0, the wording shows that the government has officially changed virtual assets to digital assets. The industry believes that digital assets cover more comprehensively, including the tokenization of existing financial products, and have a more positive image. Hong Kong Legislative Council member Qiu Dagen said that after the name change, digital assets cover a wider range and clearly explain the next policy vision and direction.