According to Wu, Race Capital co-founder Edith Yeung said at Consensus Hong Kong that Hong Kong will consolidate its position as a cryptocurrency hub by 2025 through regulation and liquidity construction.
Currently, there are seven virtual asset platforms licensed by the SFC in Hong Kong. Yeung stressed that the key to attracting investors is to improve market liquidity.
She believes that Hong Kong, with its traditional financial talent and geographical advantages, has the potential to attract crypto companies and may provide a model for pro-crypto policies on the mainland.