Binance executives did not directly respond to whether they would return to the U.S. market or enter the Hong Kong market

ChainCatcher news, according to Sing Tao Daily, Joy Lam, the Head of Compliance and Legal Affairs for Binance in the Asia-Pacific region, stated in a recent interview that Hong Kong's regulatory framework for virtual assets is relatively cautious and is moving in the right direction. He suggested that further relaxation of restrictions could allow more virtual asset products and services to enter the local market while ensuring the protection of investors' rights.

However, he did not directly respond to market concerns about whether Binance intends to return to the U.S. market or enter the Hong Kong market, only emphasizing that the Asia-Pacific region is the engine of global economic growth and that the local cryptocurrency usage rate is relatively high. He hopes to participate in and support the development of the local virtual asset market in different ways.