Hong Kong's Invest Hong Kong and other government entities introduce the development landscape of cryptocurrency centers in Canada

The Hong Kong government department InvestHK, the Hong Kong Economic and Trade Office in Toronto (Toronto ETO), and StartmeupHK (SMUHK) participated in a technology conference in Toronto, Canada, to promote their offshore ready-to-use technology hub for local cryptocurrency and Web3 startups, and to highlight Hong Kong's crypto-centric development landscape. It is reported that the Canadian and Hong Kong governments have signed a double taxation avoidance agreement for more than a decade, aiming to avoid double taxation and prevent personal and corporate income tax theft.