OSL Group Chief Financial Officer Hu Zhenbang said that many Chinese banks in Hong Kong currently welcome institutions that specialize in investing in virtual assets to open accounts, and the government may introduce a licensing system for cryptocurrency money changers in the short term. In addition, he said that Hong Kong’s investment in virtual assets will not be subject to capital gains tax, which is very attractive to global investors. Japan’s comprehensive tax rate is as high as 50%, and Australia’s is 40%. (Ta Kung Pao)