Hong Kong Lawmaker Pitches City as Crypto’s Neutral Ground Amid US-China Tech Rivalry
As crypto regulation splinters along geopolitical fault lines, Hong Kong legislator Johnny Ng is betting the city’s future lies in refusing to pick a side.
In recent remarks, the Web3 advocate, who represents the tech sector in Hong Kong’s parliament, outlined a vision that’s less about winning the crypto race and more about building the track that everyone runs on.
“Crypto cannot be easily divided by country or economy. It is one world,” Ng said in an interview with Coindesk.
It’s a pragmatic read of the current landscape. With Washington tightening enforcement, Beijing maintaining its ban, and Singapore, Dubai, and the EU all carving out their own frameworks, the industry faces a patchwork of incompatible rules. Ng’s pitch: Hong…
