
Nano Labs founder Jack Kong (Kong Jianping) stated that Zhejiang and Hangzhou have not taken special actions against professionals in the blockchain industry. He recently met with key leaders in Hangzhou and found that local sensitivity to the blockchain and cryptocurrency industry has decreased.

He also confirmed with the police department that no related actions have been taken, and individual cases may be related to anti-fraud work. Jack Kong believes that Hangzhou is one of the most open and inclusive cities in China and suggests that entrepreneurs with concerns can choose Hangkong Science and Technology Building as a base for the Web3 industry.

Previously, community reports indicated that Hangzhou police were systematically surveying cryptocurrency professionals.


As far as I know, neither Zhejiang nor Hangzhou have taken any special actions against professionals in the blockchain industry. Over the past few days, I met with many key leaders in Hangzhou, and they seem less sensitive towards the blockchain industry and cryptocurrencies. I also inquired with the public security department, and no actions have been taken either. The cases might be related to anti-fraud. Hangzhou is one of the most open and inclusive cities in China. If you have any concerns, you can come to Hang Port Science and Technology Building to start your venture, as the web3 industry has found a home in Hangzhou.