Baker & McKenzie partner: Although Hong Kong's policies are favorable, its regulations are stricter than those in other regions | RockTree OG Talk
2023-07-09 07:15
Odaily News: Joy Lam, the partner of Baker & McKenzie law firm, stated during the "RockTree OG Talk Series" online live broadcast that the Hong Kong government has issued a series of notices since last year, delivering a clear message that they will actively promote the stable and sustainable development of the entire Web 3.0 industry. This is a long-term regional strategy that has inspired many companies and investors. She added that, however, this does not mean that obtaining a Hong Kong license is an easy task. In fact, it requires a rigorous process, high standard authorization procedures, and complete corporate compliance processes to ensure the safety of investors, market security, and the potential for long-term sustainable growth in a free-flowing market. "Hong Kong has stricter regulations on the cryptocurrency industry than many countries and regions in the world. Hong Kong focuses on market integrity and long-term protection for investors and participants. Therefore, cautious and prudent attitudes are required for investment in the Hong Kong market in order to achieve long-term balance," said Joy Lam. It is understood that the "RockTree OG Talk Series" online live broadcast is jointly organized by RockTree Capital, a top-tier investment fund for Web 3.0, and Odaily. In this episode, guests from institutions such as Baker & McKenzie and Secured Finance AG are invited to discuss cryptocurrencies under global regulations. This OG Talk Series aims to provide comprehensive insights into SEC regulation and break down information barriers.
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