Crypto collaboration between Hong Kong and mainland China to benefit sector, experts say
Increased collaboration between Hong Kong and mainland China could potentially lead to more advances in the cryptocurrency sector, according to industry experts who took part in the 11th Global Blockchain Summit in Shanghai on Thursday.
Calls for Hong Kong and the mainland to collaborate in cryptocurrency initiatives reflected how both markets are expected to benefit. The city already serves as a major international financial hub, while many mainland developers are involved in digital payments and artificial intelligence.
“Hong Kong is focused on areas like virtual asset trading and financing,” said Rachel Lee, director of blockchain and digital assets at Cyberport, a Hong Kong government-backed technology hub and start-up incubator….
