Lawmaker says COVID policy – not China’s crypto ban – drove firms from Hong Kong

Hong Kong lawmaker Johnny Ng says harsh COVID travel rules, not China’s 2021 crypto ban, pushed firms out as Hong Kong and Singapore now compete head?to?head as crypto hubs. Hong Kong Legislative Council member Dr. Johnny Ng Kit-chong (@Johnny_nkc) said at Consensus HK on March 24 that it was the city’s strict COVID-era policies — not Beijing’s 2021 ban on crypto trading and mining — that drove companies out of Hong Kong, pushing back against a widely held narrative that has shaped the industry’s perception of the city for years. ? Speaking in a video interview hosted by @_dsencil for…