On October 31, Matrixport Chairman and Co-founder, BitTorrent Chairman Wu Jihan said in Hong Kong to participate in the establishment of the Hong Kong Compliance Association, “crypto enterprises have different choices in the face of strict regulation, some people choose to pay a fine, some people jailed, we believe that the bottom line of compliance needs to be guarded, but also need time to precipitate. “ At the same time, when referring to the development of virtual assets in Hong Kong, he said that Hong Kong has the advantages of talent, capital and culture, and he is looking forward to the development of Hong Kong's virtual assets and RWA.