According to the South China Morning Post, Binance founder Zhao Changpeng (CZ) said in an exclusive interview that Hong Kong has what it takes to become a virtual asset hub on par with the United States and the United Arab Emirates, but the key is that regulators need to move quickly.
Noting that the Hong Kong government has shown a clear embrace of Web3, Mr. Zhao suggested that the city expand its current limit of four tradable cryptocurrencies - Bitcoin, Ethereum, Avalanche and Chainlink - and that exchanges be allowed to list tokens at their discretion, following the Japanese model.
CZ: Hong Kong is competing to become a cryptocurrency hub, but it depends on the speed of regulation
2025-08-29 09:48:32
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