Hong Kong can rival US, UAE as a crypto hub, Binance founder CZ says

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Hong Kong has the conditions to become a major hub for virtual assets, rivalling markets like the US and the United Arab Emirates (UAE), but the city’s regulators must act swiftly to realise its potential, according to Zhao Changpeng, founder and largest shareholder of cryptocurrency exchange Binance.In an exclusive interview with the South China Morning Post on Friday, Zhao, widely known as CZ, said the Hong Kong government had shown a “very clear attitude towards embracing Web3” and had the...