Sun Yuchen in conversation with the Editor-in-Chief of FT Chinese: Leveraging Hong Kong to Drive Cryptocurrency Market Development Across the Asia-Pacific Region
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Sun Yuchen in conversation with the Editor-in-Chief of FT Chinese: Leveraging Hong Kong to Drive Cryptocurrency Market Development Across the Asia-Pacific Region
Recently, Sun Yuchen sat down for an exclusive interview with Wang Feng, Editor-in-Chief of FTChinese.com—the Financial Times Group’s only Chinese-language business and financial website—addressing in detail several recent hot topics.
Navigating Web3 tides with focused insightsRecently, Justin Sun, founder of TRON and member of Huobi Global Advisory Council, sat down for an exclusive interview with Wang Feng, Editor-in-Chief of FTChinese.com—the only Chinese-language business and financial website under the Financial Times Group—where he provided comprehensive responses on recent hot topics.
Hong Kong is currently a focal point for the global crypto industry. In his conversation with Wang Feng, Justin Sun expressed strong optimism about the development prospects of Hong Kong, Singapore, and Caribbean regions in blockchain technology and cryptocurrency. He noted these regions are actively seeking innovation in emerging industries, assets, and technologies, and will inevitably become new hubs of growth. Sun expects Hong Kong to introduce a series of regulatory policies on stablecoins and exchanges in the near future. He plans to invest more resources in Hong Kong, positioning it as a strategic base to drive cryptocurrency market development across the Asia-Pacific region, while also strengthening cooperation with Caribbean and Latin American countries in the crypto space.
Justin Sun also shared further details about his strategy for Hong Kong. He stated that while Huobi’s global expansion focuses on the Caribbean, its future development in Asia will center on Hong Kong. Regarding operational structure, Sun revealed they will apply for licenses in phases. The first phase will likely involve applying for a brokerage license, starting with smaller initial licenses before progressing to larger ones, aiming to establish Hong Kong as a key blockchain hub in the Asia-Pacific region. Sun emphasized that all operations will fully comply with policies set by the Hong Kong Special Administrative Region government.
"Two weeks ago, I visited Hong Kong and met with relevant regulators and government officials. Previously, we had inquiries and discussions with regulators regarding license applications. We are now maintaining close communication with relevant departments of the Hong Kong SAR government," said Justin Sun.
Additionally, Justin Sun provided comprehensive responses on issues including the SEC lawsuit, matters concerning Huobi, and his role as Grenada’s WTO Ambassador.
This week, as Hong Kong Blockchain Week kicks off, global crypto enterprises, investment institutions, and professionals have gathered in Hong Kong. Both TRON and Huobi will participate in and host a series of high-profile events during this period, with Justin Sun attending multiple activities.
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