Hong Kong legislator invites Coinbase to the region amid SEC scrutiny

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Hong Kong legislator invites Coinbase to the region amid SEC scrutiny
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Hong Kong Legislative Council member invites Coinbase and crypto exchanges, teases stock listing opportunities.

. This initiative, announced on June 9, seeks to investigate the advantages of CBDCs as a means of payment for everyday transactions and to facilitate customer access to cryptocurrency exchanges.

Furthermore, the invitation extended by Legislative Council member Johnny Ng signifies Hong Kong's dedication to becoming a digital hub for the crypto industry. Notably, both OKX and Huobi compliance entities are already participating in this endeavor and are presently listed on the Hong Kong Stock Exchange.

The favorable approach towards cryptocurrencies in Hong Kong has garnered significant interest from prominent international technology companies. As evidence of this, in January, Samsung, the renowned Korean tech giant, made an announcement regarding the on the Stock Exchange of Hong Kong. This move exemplifies the growing recognition and involvement of influential industry players in Hong Kong's crypto ecosystem.

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