1 year ago
Hong Kong lawmaker Johnny Ng said helium hopes determination volition beryllium discussions exploring the anticipation of connecting virtual plus platforms successful Hong Kong with integer plus exchanges successful Shanghai.
In an interrogation with The Paper, a Chinese media outlet, Ng noted that galore Chinese provinces and cities person policies connected the improvement of the metaverse. Ng besides said helium hopes for much endowment exchanges betwixt Hong Kong and mainland China.
The 2 already person a fiscal plus nexus successful the signifier of the Shanghai-Hong Kong Stock Connect program, which allows qualified investors successful mainland China to entree eligible shares listed connected the Hong Kong Stock Exchange and vice versa.
Hong Kong has made it wide that it wants to reclaim its rubric arsenic a crypto hub, rolling retired a caller licensing authorities that gives crypto exchanges a pathway to run successful a regulated manner. OSL and HashKey person obtained licenses nether the caller regime. China, for its part, has instituted a fig of bans connected crypto-related activity, though traders based successful China proceed to beryllium active.
Edited by Sheldon Reback.
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