Hong Kong Financial Secretary Paul Chan Mo-po attends the Global Financial Leaders’ Investment Summit at the Four Seasons Hotel in Central on November 2, 2022. Photo SCMP / Sam Tsang
Hong Kong Financial Secretary Paul Chan Mo-po attends the Global Financial Leaders’ Investment Summit at the Four Seasons Hotel in Central on November 2, 2022. Photo SCMP / Sam Tsang
Blockchain

FTX collapse does not change Hong Kong’s ‘cautious’ approach to becoming crypto hub, Financial Secretary Paul Chan says

  • FTX’s bankruptcy only shows even more that the industry needs greater transparency and regulation, Hong Kong Financial Secretary Paul Chan said
  • Once the second-largest cryptocurrency exchange in the world, FTX’s rapid decline has sent crypto prices spiralling and shaken investor confidence

Hong Kong Financial Secretary Paul Chan Mo-po attends the Global Financial Leaders’ Investment Summit at the Four Seasons Hotel in Central on November 2, 2022. Photo SCMP / Sam Tsang
Hong Kong Financial Secretary Paul Chan Mo-po attends the Global Financial Leaders’ Investment Summit at the Four Seasons Hotel in Central on November 2, 2022. Photo SCMP / Sam Tsang
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