Lawyer: Web3 is optimistic about the United States in the short term, and Hong Kong has advantages in the long term The video is sourced from Colin Wu's interview with Hong Kong senior compliance lawyer Wu Wenqian's podcast. Please do not repost it without permission, as infringement will be prosecuted. According to lawyers, the regulatory style in Hong Kong has never changed, always following the rhythm of "consultation first, research later, and legislation later", and orderly promoting the construction of systems such as stablecoins and trading platforms. Relatively speaking, the policy fluctuations in the United States are significant. Before Trump's return, the cryptocurrency industry faced strong regulation, with reports of projects going overseas and exchanges exiting the market constantly emerging. But after the change of regime, the regulatory direction shifted significantly, causing many people to bet on the United States again. But it also reveals a problem: the uncertainty of US regulation makes long-term planning difficult. And Hong Kong has always remained on the 'predictable path'. This stability is particularly suitable for deep cultivation of medium - and long-term projects. So in the short term, we are optimistic about the United States, and in the long term, Hong Kong has advantages. Video source: https://www. (youtube.com)/watch? v=f9FuwSiBQQk&t=386s