Wood acknowledges Hong Kong’s rapid development in policy leadership, support for innovative technology, and entrepreneurship compared to the U.S. According to Wood, the U.S. could benefit from learning how to address regulatory uncertainties and provide better support for blockchain practitioners by looking at Hong Kong’s approach. Additionally, Wood highlighted the increasing recognition of investment potential in virtual assets among U.S. customers.
There is a growing institutional and investor interest in allocating funds to these areas for hedging purposes.
