More than 80 businesses are interested in setting up presence in Hong Kong as it strives to become a leading Web3 hub. Several crypto businesses worldwide have been paying “attention” to Hong Kong. Hong Kong has received interest from more than 80 mainland and foreign crypto companies to set up shop in the country as […]
More than 80 businesses are interested in setting up presence in Hong Kong as it strives to become a leading Web3 hub.Hong Kong has received interest from more than 80 mainland and foreign crypto companies to set up shop in the country as it works to establish itself as a premier Web3 hub.claimed in a speech on March 20
Hui further stated that as of the end of February 2023, more than 80 firms involved in virtual assets expressed interest in “creating their presence in Hong Kong.” This news comes as the Hong Kong government announced its policy on virtual asset development in October 2022.Hui said 23 crypto companies had already said “they planned to establish their presence” there.
Additionally, the secretary also noted that Hong Kong is “well-positioned” to be a leading hub for Web3. He also mentioned that this year’s budget included “$50 million” to “expedite the Web3 ecosystem.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Justice ministers meet in London to build support for ICC after Putin warrantU.K. says other countries expected to pledge financial support to ICC during conference in London
Read more »
Opinion | Health funding: Show us more than the moneyOpinion: A shortage of family doctors, record ER wait times, and ballooning surgical wait-lists are all symptoms of a system that is struggling and these funds can help. But as any financial expert will tell you. It’s not the money, but how you spend it.
Read more »
OSFI seizes Silicon Valley Bank's Canadian assets: Here are the week's top 7 storiesFinancial Post reporter Stephanie Hughes counts down the stories that made headlines this week. Watch here.
Read more »
Indigenous communities leading Canada's clean energy boomExecutive director Chris Henderson said Indigenous communities are so heavily involved in clean energy that they now own, co\u002Down, or have a defined financial…
Read more »
Fight over science holds up key UN climate reportPublication of a major new United Nations report on climate change is being held up by a battle between rich and developing countries over emissions targets and financial aid to vulnerable nations.
Read more »
UBS to buy Credit Suisse for over $2B, report says - National | Globalnews.caUBS UBSG.S has agreed to buy Credit Suisse after increasing its offer to more than $2 billion, the Financial Times reported on Sunday.
Read more »