Binance founder Changpeng Zhao, widely known as CZ, said in a social media post that he supports Hong Kong becoming a Web3 hub. He also said real-world assets, or RWA, and decentralized exchanges, or DEX, are likely to grow faster as regulators move ahead with rules for tokenized finance. The update was carried by Techub News, which cited Crypto.news. The brief did not provide further details about the post, the specific regulator involved, or any timeline tied to the expected growth. Based on the information provided, the key points are CZ’s support for Hong Kong’s Web3 position and his view that regulatory progress in tokenized finance could help accelerate activity in RWA and DEX.
Binance founder Changpeng Zhao, or CZ, said in a social media post that he supports Hong Kong becoming a Web3 hub.
CZ also said real-world assets (RWA) and decentralized exchanges (DEX) will grow faster as regulators push forward rules for tokenized finance.
Techub News cited Crypto.news for the report.
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