Johnny Ng: Hong Kong’s Web3 Politician

6 months ago

Elected to the Hong Kong Legislative Council successful 2022, Johnny Ng near a vocation of founding tech companies — including 1 that made biometric facial designation tech — to participate authorities connected a level of providing much opportunities for young entrepreneurs and promoting the tech manufacture successful the city.

As Hong Kong pivoted to clasp crypto and Web3, he’s besides go a large advocator for the manufacture wrong government, inviting companies similar Coinbase to use for regularisation (they turned him down) and calling for the motorboat of crypto ETFs successful HK (they were <a href="https://www.coindesk.com/business/2024/04/24/spot-bitcoin-ether-etfs-get-official-approval-in-hong-kong-potential-fee-war-unfolding-says-analyst" target="_blank">approved successful April</a>).

He’s besides had immoderate zanier ideas. In November, helium <a href="https://x.com/Johnny_nkc/status/1859835377307222318" target="_blank">appealed</a> to the Nobel Prize committee to marque Satoshi Nakamoto a campaigner for the Nobel Peace Prize oregon the Nobel Prize successful Economic Sciences. (No connection backmost connected that 1 yet.)

“The emergence of Bitcoin, based connected blockchain technology, is addressing ostentation issues successful immoderate countries and providing economical solutions for much impoverished regions,” helium wrote connected X. “It has besides revolutionized planetary outgo methods, reflecting the authorities of the planetary economy.”

Looking ahead, helium is continuing to beforehand Web3 businesses not conscionable successful Hong Kong but <a href="https://x.com/Johnny_nkc/status/1856216486244979027" target="_blank">across Asia</a>. He besides heads up the <a href="https://x.com/Johnny_nkc/status/1804388548327694343" target="_blank">Subcommittee connected Web3 and Virtual Asset Development</a>, done which he’s seeking “to stitchery insights from the planetary Web3 industry, suggest argumentation recommendations, and sermon the aboriginal absorption of the manufacture successful Hong Kong.”

This illustration is portion of CoinDesk's Most Influential 2024 package. For each of this year's nominees, click here.

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