Web3.0 industry professionals who had previously relocated to Singapore and Dubai are returning to Hong Kong. The Hong Kong government has shown support for the development of Hong Kong as a global hub for virtual assets, helping the industry to solve problems. While the Web3.0 ecosystem in Hong Kong continues to grow, the government also supports the increase in demand for blockchain-related transactions, which even drives up hotel prices.
In addition, Wu Weiliang, co-founder and CEO of HKVAX, also stated that HKVAX is in contact with traditional banks to understand their interest in exploring new paths, such as using blockchain to further launch STOs. Currently, they are studying and exploring ways to collaborate and launch products.
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