According to PANews on June 10, Nano Labs founder Jack Kong stated that Zhejiang and Hangzhou have not taken special actions against blockchain industry practitioners. He recently met with main local leaders and found that the local sensitivity towards blockchain and cryptocurrency industries has decreased. He also confirmed with public security departments that no related actions have been taken, and individual cases might be related to anti-fraud work. Jack Kong believes Hangzhou is one of the most open and inclusive cities in China, and suggests entrepreneurs with concerns can choose Hangzhou-Hong Kong Technology Building as a foothold for the Web3 industry.
Previously, community sources claimed that Hangzhou police were systematically investigating cryptocurrency practitioners.
