Zhao Changpeng: Hong Kong has the conditions to become a major hub for virtual assets, but regulatory action is needed to activate its potential

ChainCatcher news, Zhao Changpeng stated in an exclusive interview with the South China Morning Post that Hong Kong has the conditions to become a major hub for virtual assets, comparable to markets like the United States and the UAE, but Hong Kong regulators must act quickly to fully realize its potential.

Zhao Changpeng suggested expanding the range of cryptocurrencies allowed for trading on licensed trading platforms in Hong Kong and following Japan's model, allowing trading platforms to decide which tokens can be traded themselves.