Johnny Ng: Willing to Assist Singapore Virtual Asset Companies Intending to Settle in Hong Kong

Hong Kong Legislative Council member Ng Kit Chuang stated on social media, "Singapore recently released the 'Licensing Guidelines for Digital Token Service Providers,' introducing new policies for companies, institutions, and personnel engaged in virtual assets. Since Hong Kong issued the Virtual Asset Declaration in 2022, it has actively welcomed the industry to develop in the region. According to informal statistics, over a thousand Web3 companies have already established themselves in Hong Kong. If you are currently engaged in the relevant industry in Singapore and are interested in relocating your headquarters and personnel to Hong Kong, I am willing to provide assistance and welcome you to develop in Hong Kong!"