InvestHK and other government agencies introduce the development of cryptocurrency hub in Canada
Hong Kong government departments InvestHK, Toronto ETO, and StartmeupHK (SMUHK) participated in a technology conference held in Toronto, Canada to promote their offshore ready-to-use technology centers for local cryptocurrency and Web3 startups, and emphasized Hong Kong's development pattern centered on cryptocurrency. It is reported that the Canadian and Hong Kong governments have signed a double taxation avoidance agreement for more than ten years to avoid double taxation and prevent individual and corporate income tax evasion.
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