Coinbase CEO Brian Armstrong commented on the tweet of crypto KOL "Crypto Panda" that "the United States is at risk of losing its status as a financial center in the long term because it has no clear regulations on cryptocurrencies and the regulatory environment is also poor. Congress should act as soon as possible to pass clear legislation. Cryptocurrency is open to everyone in the world, and other regions are leading. The European Union, the United Kingdom, and now Hong Kong." Crypto KOL "Crypto Panda" said in a tweet: "On June 1, 2023, Hong Kong will officially make the purchase and sale of cryptocurrencies completely legal for all citizens, and look forward to a large amount of big money pouring in from the East. Hong Kong will also launch stablecoins based on Asian currencies."