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Whilst the pandemic has continued to present major challenges
for the business world, Fintech has gained tremendous momentum and
indeed become essential for many financial institutions and
companies in this new era. The Hong Kong Fintech Week 2020
was held as a fully virtual event during 2-6 November 2020 and saw
a range of topics being explored, including development of central
bank digital currencies, virtual asset regulations, virtual banking
and related Fintech applications. Most offshore jurisdictions
have already seen significant developments in the laws and
regulations in these areas, particularly as the pace of