币界网报道:According to the news from Bijie.com, on July 1 (UTC+8), the Hong Kong Special Administrative Region Government announced yesterday that Xiao Feng, Chairman and CEO of HashKey Group, was reappointed by Financial Secretary Paul Chan as a member of the "Task Force for Promoting the Development of Web3" for a two-year term starting from July 1, 2025. Since its establishment in 2023, the Task Force has been committed to providing policy recommendations for the development of Hong Kong's Web3 ecosystem and promoting the sustainable development of Web3. The group is chaired by the Financial Secretary himself and brings together representatives from the government, financial regulators and the market. The appointed and reappointed non-official members are all leaders and professionals in the relevant industries. (Source: Hong Kong Special Administrative Region Government News Release)