OSL Group Chief Financial Officer: Many Chinese banks in Hong Kong welcome institutions specializing in investing in virtual assets to open accounts
OSL Group Chief Financial Officer Hu Zhenbang said in a recent interview that Hong Kong has great advantages in exploring the virtual asset market, including low tax rates, a clear legal system, and perfect investor protection. Hong Kong banks are open-minded, and many Chinese banks welcome these institutions that specialize in investing in virtual assets to open accounts. In addition, Hong Kong's investment in virtual assets will not be subject to asset value-added tax, which is very attractive to global investors.