CZ Sees Potential in Hong Kong as Web3 Hub

CZ, founder of Binance, believes Hong Kong can become a major hub for Web3 and real-world assets. He made his comments during an August 27 book meeting in the city.

Hong Kong's financial sector, access to professionals from mainland China, and established institutional relationships make it an attractive location, CZ said. He described the combination of Hong Kong and Web3 as 'a powerful one.'

CZ also mentioned Dubai, Abu Dhabi, and the U.S. as markets that could benefit from more supportive digital asset policies.