ChainCatcher News, June 9, 2023, the Caixin Summer Summit was held in Hong Kong, with HOPE founder Flex Yang attending and speaking as the only representative of the cryptocurrency industry. Flex expressed his views on topics such as the RMB exchange rate, cryptocurrency custody in Hong Kong, and clearing and settlement. During the interactive session, Flex stated that practitioners in the cryptocurrency industry are like ancient herders, who moved according to water and grass, while we move according to policies. Hong Kong has the opportunity to become the capital of digital assets and the capital of cryptocurrency asset management. Practitioners need to embrace regulation and operate in compliance.After the meeting, Flex exchanged ideas and shared insights with guests including Ashley Alder, CEO of the Hong Kong Securities and Futures Commission, and Eddie Yue, CEO of the Hong Kong Monetary Authority.