HONG KONG OFFICIALS ARE SHIFTING THEIR FOCUS TO CRYPTOCURRENCY DUE TO CONCERNS OVER TRUMP'S UNPREDICTABLE POLICES

At the recent Belt and Road Forum, officials discussed the potential of blockchain technology and its role in the region's economic development.

Chairman Joseph Chan expressed concerns about Trump's unpredictability, stating that his policies may change suddenly. This uncertainty has led Hong Kong officials to explore alternative financial opportunities, including cryptocurrencies.

Chan also emphasized the need for a regulatory shift in Hong Kong to keep pace with other countries.

He believes that Hong Kong has the potential to lead the crypto industry in the next 10 years, thanks to its fair and protective regulatory environment.

The region's interest in cryptocurrencies is not surprising, given the growing global interest in digital assets. With the US expected to take a more crypto-friendly stance under Trump's administration, Hong Kong officials are positioning themselves to capitalize on this trend.