Wu Jiezhang: Willing to assist Singapore virtual asset companies intending to establish a presence in Hong Kong

ChainCatcher news, Hong Kong Legislative Council member Wu Jietzhuang posted on social media, stating, "Singapore recently released the Guidelines on Licensing for Digital Token Service Providers, which presents new policies for companies, institutions, and individuals engaged in virtual assets.

Since Hong Kong issued the virtual asset declaration in 2022, it has actively welcomed the industry to develop in the region. According to informal statistics, over a thousand Web3 companies have established operations in Hong Kong. If you are currently engaged in the relevant industry in Singapore and are interested in relocating your headquarters and personnel to Hong Kong, I am willing to provide assistance and welcome you to develop in Hong Kong!"