---
title: "Hong Kong virtual banks eye Web3 growth despite regulatory hurdles"
url: https://diffcoin.com/hong-kong-virtual-banks-eye-web3-growth-despite-regulatory-hurdles/
description: "Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space. Source link"
published: 2024-08-09
updated: 2024-08-09
author: "Mila"
site: "Diffcoin"
---

# Hong Kong virtual banks eye Web3 growth despite regulatory hurdles

Despite capturing just 0.3% of retail bank assets, Hong Kong’s virtual banks are exploring opportunities in the Web3 space.

[Source link](https://cointelegraph.com/news/hong-kong-virtual-banks-web3-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)