The Legislative Council member, Johnny Ng, has expressed his vision for promoting talent exchanges in the province of web3 technology between Hong Kong and the Chinese mainland.
Johnny Ng, a member of the 14th National Committee of the Chinese People’s Political Consultative Conference and a member of the Hong Kong SAR Legislative Council, said that virtual assets are only the first step in the development of Web 3.0 in Hong Kong.
In an interview with local media, Ng emphasized the significance of collaboration and cross-border partnerships to drive innovation and increase the growth of the web3 ecosystem in both regions.
Johnny Ng said, “Web3.0 also includes the underlying technology and the combination with the real economy. How to combine various industries with Web3.0, improve our productivity, increase efficiency and benefit, this is Hong Kong’s goal of building the entire Web3.0 ecosystem.”
In conclusion, Johnny Ng’s call for more web3 talent exchanges with the mainland reflects a forward-looking approach to using the transformative potential of blockchain technology and the web3 pattern.
By bringing together the talent and expertise of both regions, this collaborative effort can unlock new opportunities and increase the growth of the web3 ecosystem, contributing to economic prosperity and technological development for Hong Kong and the Chinese mainland.
China banned all cryptocurrency transactions in September 2021, but trading related to NFTs issued by Chinese NFT firms remains active, with some digital asset platforms on the mainland continuing to offer digital collectibles.
A series of policy statements were released about cryptocurrencies to strengthen its position as a global financial center in October 2022.
Just yesterday, HashKey and OSL became the first two exchanges to obtain licenses to offer retail trading under Hong Kong’s new licensing regime that kicked off on June 1.
Also Read: Hong Kong Grants Retail Crypto Licenses To Hashkey & OSL
