The Government announced today (July 31) the appointments of three non-official members to the Task Force on Promoting Web3 Development for a term until June 30, 2027.

     Mr Tamir Abdel-wahab and Mr Martin Wong Long-yin have been appointed non-official members of the Task Force via the Member Self-recommendation Scheme for Youth, starting from August 1, 2026. In addition, the Government also appointed Mr Kevin Cui Song as a non-official member of the Task Force, with effect from May 12, 2026. 

     A Government spokesman said, "The three newly appointed members include an experienced industry leader and young practitioners who bring innovative perspectives. We believe that they will offer forward-looking and practical advice and help guide Hong Kong to fully seize the opportunities arising from Web3 development, advancing towards the vision set out in the Policy Statement 2.0 on the Development of Digital Assets in Hong Kong to establish our city as a leading global digital asset hub."

     The Financial Secretary announced in the 2023-24 Budget the establishment of the Task Force to provide recommendations on the sustainable and responsible development of Web3 in Hong Kong. The Task Force was established in July 2023. Chaired by the Financial Secretary, in addition to non-official members from the relevant market sectors, the Task Force also comprises relevant key government officials and representatives from financial regulators.

     The membership of the Task Force is as follows:

Chairman
-----------
Financial Secretary
 
Non-official members
(in alphabetical order of family names)
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Mr Tamir Abdel-wahab (new member)
Professor Alex Au Wai-chi
Mr Cai Wensheng
Mr Norman Chan Tak-lam
Mr Duncan Chiu
Mr Lawrence Chu Sheng-yu
Mr Kevin Cui Song (new member)
Dr Jack Kong Jianping
Mr Kwock Yin-lun 
Ms Joy Lam
Mr Marco Lim Jun-kit 
Professor Lin Chen
Mr Robert Andrew Lui Chi-wang
Mr Henry Ma Chi-to
Dr Johnny Ng Kit-chong
Professor Jack Poon Sik-ching
Mr Alessio Quaglini 
Ms Elizabeth Quat
Mr Siu Yat
Mr Neil Tan
Mr John Wang Jiachao 
Mr Martin Wong Long-yin (new member)
Dr Xiao Feng

Official members
-------------------
Secretary for Financial Services and the Treasury
Permanent Secretary for Financial Services and the Treasury (Financial Services)
Permanent Secretary for Innovation, Technology and Industry
Under Secretary for Financial Services and the Treasury
Commissioner for Digital Policy
Director-General of Investment Promotion, Invest Hong Kong
Chief Executive Officer, Hong Kong Cyberport Management Company Limited
Chief Executive, Hong Kong Monetary Authority
Chief Executive Officer, Securities and Futures Commission
Chief Executive Officer, Insurance Authority
Chief Executive Officer, Hong Kong Exchanges and Clearing Limited

Ends/Friday, July 31, 2026
Issued at HKT 16:30

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