Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official.
Hong Kong government entities — dedicated to attracting foreign investments — visited a tech conference in Toronto to advertise its offshore ready-to-move technology hub for Canadian crypto and Web3 startups.
The Hong Kong Economic and Trade Office in Toronto (Toronto ETO), Invest Hong Kong (InvestHK) and StartmeupHK (SMUHK) co-hosted an event at Collision 2024 in Toronto, highlighting Hong Kong’s crypto-centric landscape.
Speaking at the event, Toronto ETO director Emily Mo underscored existing startup-friendly regulations, such as lower taxes compared to Canada and Hong Kong’s willingness to work with “pre-commercial specialist technology companies.” She added:
