Hong Kong legislator Johnny Ng has met with Justin Drake, a top Ethereum researcher, asking him to extend an invitation to Vitalik Buterin and other core members of the Ethereum Foundation.
In a Monday tweet, Ng said he hosted Drake at the Legislative Council Building, which is the home of the Court of Final Appeal of Hong Kong, explaining to him the government's policies regarding digital assets.
"I introduced Justin to Hong Kong's legislative process, showed him some of the facilities in the Legislative Council, and explained the process from the government drafting policies to extensive public consultation, and then to the three readings of legislation in the Legislative Council," the lawmaker said.
Ng added that he discussed Hong Kong's Web 3.0 and stablecoin policies with the Ethereum veteran.
"As the stablecoin policy is currently under consultation, I also invited him to provide relevant opinions to the government."
The regulator also asked Drake to extend an invitation to other core members of the Ethereum Foundation to come and visit Hong Kong.
He specifically asked Drake to send an invitation to Buterin, who has recently issued a word of caution to cryptocurrency projects considering establishing their operations in Hong Kong.
As reported, during the Web3 Transitions Summit in Singapore, Buterin emphasized the need to evaluate the stability of the Hong Kong government's crypto-friendliness before committing to the region.
He raised concerns about the potential impact of future regulatory, political, and other unknown events on the city state's current friendly environment.
“I don't understand Hong Kong well. I understand even less the complicated interaction between Hong Kong and the mainland lately,” ButerinRead more on cryptonews.com