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Polkadot settles in Hong Kong, the regulation of stablecoin licensing and other regulations will promote the Web3 prospects in Hong Kong.
ChainCatcher news, the Hong Kong office for key enterprise introduction has announced that 18 companies including the Polkadot Community Foundation have settled in Hong Kong, and a total of 102 key enterprises have now been introduced. Polkadot co-founder Vincent stated that he began educational work in Hong Kong three years ago. With low tax rates and a wealth of talent, plus the Hong Kong government starting to regulate stablecoin licensing in recent years, the prospects for promoting Web3 in Hong Kong are promising.