Huobi Founder Li Lin Leads Crypto Industry Shift to Hong Kong

Leading cryptocurrency media Ublockchain operator Colin Wu reported that Chinese-speaking crypto industry professionals have been increasingly converging on Hong Kong. On X, he stated, "Former Huobi founder Li Lin has returned to exchange operations and holds weekly meetings in Hong Kong, drawing industry participants around him. Li Lin is effectively becoming the leader of Hong Kong's cryptocurrency sector. Binance founder CZ also frequently visits Hong Kong over Singapore, while HashKey Group chairman Xiao Feng and Tron (TRX) founder Justin Sun regularly stay in Hong Kong. This trend indicates a shift in the regional crypto industry's center of gravity to Hong Kong. However, non-Chinese-speaking participants still prefer Singapore, Dubai, and Tokyo," he added.