CrossSpace Founder: The Hong Kong government will provide significant support for quality Web3 projects, and early entry will have a first-mover advantage

ChainCatcher news, CrossSpace founder 0xLeon shared his thoughts on participating in the Hong Kong Tech Week during an exclusive interview with BlockBeats, as well as his views on Hong Kong's new cryptocurrency policies. He stated: "The discussions on the opening day of Tech Week were all centered around Web3 and virtual currencies. It is evident that the Hong Kong government's attitude towards the crypto industry is changing from the top down, whether it is the SFC, the Monetary Authority, the investment promotion department, or the Financial Services and the Treasury." Regarding policy stability and support, 0xLeon mentioned: "The Hong Kong government will provide a lot of policies and financial support to help projects develop safely and compliantly in Hong Kong.

Given the local circumstances, the policy stability is quite strong. The authorities are very encouraging of technological innovation, but there aren't enough local tech innovation companies. Now with policy support, a lot of funding may tilt towards the Web3 industry, and excellent projects will find it easier to gain support if they settle in early." As for advice to entrepreneurs, 0xLeon said: "Whether it's FOMO or EMO, one should view it rationally. There should be no excessive promotion, nor should there be excessive skepticism about the direction of this conference. As entrepreneurs, the most important thing is to seize the good opportunities and chances at hand."