ChainCatcher news, the chairman of the Hong Kong FinTech Association, Chen Wenli, stated that some platforms that have withdrawn from Hong Kong have established operations in North America and Europe, but they are still exploring the feasibility of using Hong Kong as their Asia-Pacific headquarters.Hong Kong Legislative Council member Wu Jiezhuang mentioned that, to his knowledge, most platforms are willing to apply for licenses in Hong Kong, but the strict regulations do not allow them to provide services to mainland investors, which may lead to non-compliance issues for some platforms. Under strict regulation, the types of tradable virtual currencies are limited, and it is also difficult for platforms to make a profit.

According to ChainCatcher, TokenPocket's Chief Business Officer Michael revealed that TokenPocket plans to relocate its Asia-Pacific headquarters from Kowloon, Hong Kong to Cyberport, Hong Kong, and will collaborate deeply with G-ROCKET. Michael stated that there are already thousands of startups settled in Cyberport, with an increasing proportion of Web3 projects, forming a clustering effect and scale effect in the Web3 industry. (Source link)