The post Hong Kong Defends Crypto Policies Against Vitalik’s Concerns! appeared first on Coinpedia Fintech News
Hong Kong lawmaker Johnny Ng has invited Ethereum founder Vitalik Buterin to visit Hong Kong and better understand the city’s crypto policies. This comes in response to Buterin’s concerns over policy stability in Hong Kong. Ng refuted Buterin’s comments on the complicated relationship between Hong Kong and mainland China, emphasizing the “one country, two systems” framework. He assured that the policies towards cryptocurrencies in Hong Kong are stable and have gone through extensive social and legislative processes. Ng’s response shows a willingness for dialogue and a defense of Hong Kong’s existing legislative processes and policy stability.