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<ul><li>Hong Kong lawmaker Johnny Ng invites Vitalik Buterin to visit the city after Buterin questions the stability of Hong Kong&#39;s crypto-friendly environment.</li><li>Buterin&#39;s concerns stem from uncertainty about the long-term stability of Hong Kong&#39;s policies, especially in relation to mainland China.</li><li>Johnny Ng assures that Hong Kong&#39;s crypto policies are stable and have been formulated through social consensus.</li></ul>Hong Kong lawmaker Johnny Ng recently invited Ethereum co-founder Vitalik Buterin to visit the city. The invitation was in response to Buterin&#39;s <a href="https://x.com/WuBlockchain/status/1702306820424130651?s&#61;20" rel="noopener noreferrer nofollow">remarks</a> at the <a href="https://www.web3transitionssummit.xyz/" rel="noopener noreferrer nofollow">Web3 Transitions Summit</a> in Singapore, where he questioned the long-term stability of Hong Kong&#39;s crypto-friendly policies. Buterin expressed concerns about the enduring nature of this openness, especially considering Hong Kong&#39;s complex relationship with mainland China.The lawmaker took to Twitter to provide insights on the crypto-friendly environment of Hong Kong, in an attempt to eliminate Buterin’s skeptcism:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/083baa603c5f4ad4a148cf0a70a4a396.png" />Ng countered these concerns by emphasizing the stability and rigor of Hong Kong&#39;s regulatory framework. He pointed out that the city operates under a &#34;one country, two systems&#34; <a href="https://cryptotale.org/hk-sfc-ceo-spotlights-chinas-one-country-two-systems-model/" rel="noopener noreferrer nofollow">model</a>, which allows it to have its own legislative powers. Ng also explained that every policy or law in Hong Kong undergoes a thorough process of discussion involving public consultation and debates in various committees of the Legislative Council. He assured that these policies are stable and have been formulated through major social consensus and complete procedures.- Read full article at <a href="https://cryptotale.org/vitalik-buterin-skeptical-of-hong-kongs-crypto-policies-lawmaker-responds/" rel="noopener noreferrer nofollow">CryptoTale .</a>

Vitalik Buterin Skeptical of Hong Kong's Crypto Policies; Lawmaker Responds

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