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
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