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Hong Kong Lawmaker Hopes for Interconnectivity Between Digital Asset Platforms in Shanghai and Hong Kong

Hong Kong lawmaker Johnny Ng has expressed his desire to explore the possibility of interconnectivity between digital asset platforms in Hong Kong and Shanghai-based digital asset exchanges. Ng hopes for more cooperation between web3 industries in Hong Kong and Shanghai, and for licensed virtual asset trading exchanges in Hong Kong to be interconnected with Shanghai's exchanges in the future. He also hopes for more web3 talent exchanges between Hong Kong and the mainland. Despite China's ban on cryptocurrency transactions, Hong Kong has welcomed crypto firms and recently introduced a full licensing regime for virtual asset service providers.

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