Solana Co. chairman says China will find a way to manage crypto

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Crypto firms and people following policy in Hong Kong would notice the remarks first, because Hong Kong was named as the main testing ground. That matters today because the statement points to where more activity may be discussed or trialed under close regulation, rather than in a looser setting.

Compared with a setting where crypto activity sits outside formal management, the remarks describe a path toward closer regulation around more activity. Hong Kong is still described as the main testing ground, so that part of the picture stays the same even as the regulatory framing changes. (per cryptobriefing.com)