Hong Kong lawmaker hopes to explore possibility of digital asset interconnectivity with Chinese mainland

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Hong Kong lawmaker hopes to explore possibility of digital asset interconnectivity with Chinese mainland
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Johnny Ng said that he hopes there can be more web3 talent exchanges with the mainland.

Hong Kong Legislative Council member Johnny Ng told local media that he hopes there can be more web3 talent exchanges with the mainland.

“There are also digital asset exchanges in Shanghai. I wonder if these exchanges that are licensed in Hong Kong for virtual asset trading can be interconnected with Shanghai’s exchanges in the future,” he said.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.

“Shanghai is the financial center of our country and is home to many outstanding financial enterprises. Through the Shanghai-Hong Kong Stock Connect program, the stock markets of Shanghai and Hong Kong are seamlessly connected,” Ng said. “There are also digital asset exchanges in Shanghai. I wonder if these exchanges that are licensed in Hong Kong for virtual asset trading can be interconnected with Shanghai's exchanges in the future. I really hope there will be discussions on these aspects in the future,” he added.Hong Kong’s Web3 push

China banned all cryptocurrency transactions in September 2021, but trading related to non-fungible tokens issued by Chinese NFT firms remains active, with some digital asset platforms on the mainland continuing to offer what they call “digital collectibles.”Hong Kong has rolled out the welcome mat for crypto firms this year — even going so far

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