BlockBeats news, on October 31, Wu Jihan, Chairman and Co-founder of Matrixport and Chairman of Bitdeer, stated during the establishment event of the Hong Kong Compliance Industry Association in Hong Kong, "Crypto companies have different choices when facing strict regulations; some choose to pay fines, while others end up in jail. We believe that the compliance bottom line must be maintained, and it also requires time to settle."
At the same time, when mentioning the development of virtual assets in Hong Kong, he expressed that Hong Kong has advantages in talent, capital, and culture, and he is looking forward to the development of virtual assets and RWA in Hong Kong.