The Block7 minutes ago

Published on September 14, 2023 12:52 GMT+00:00edited on September 14, 2023 12:54 GMT+00:00

Ethereum co-founder Vitalik Buterin said today that cryptocurrency projects looking to build up operations in Hong Kong should weigh in the level of stability of the government’s crypto-friendliness.

“If any crypto project wants to make Hong Kong their home, they would want to have some confidence — not just that it’s friendly now but that it will continue to be friendly years from now when all kinds of unknown, regulatory and political and other kinds of events are going to happen,” Buterin said at the Web3 Transitions Summit in Singapore.

“I don't understand Hong Kong well. I understand even less the complicated interaction between Hong Kong and the mainland lately,” Buterin added. “Obviously, it's very friendly now. But the big question that I'm asking and that I think anyone is …