Brock Pierce, a well-known investor in Bitcoin and other cryptocurrencies, has expressed his optimism that China will eventually lift its ban on digital currencies. He pointed out that Hong Kong, a special administrative region of China, has already taken steps to provide regulatory clarity to investors. He believes that this move by Hong Kong will pave the way for mainland China to follow suit.

Pierce, who is also the co-founder of the USDT stablecoin, expressed his enthusiasm about the prospects of the crypto market in Hong Kong. He noted that the city's strong trade finance market presents a huge opportunity for crypto businesses. He also mentioned that the supply chain advantage of China will play a significant role in the growth of the crypto market in Hong Kong.

The investor also highlighted the importance of leadership in creating an environment conducive to the growth of the crypto market. He expressed optimism that Hong Kong will take the necessary steps to attract more crypto businesses to the city. He also believes that the high costs of Hong Kong's licensing regime will not deter businesses from coming to the city.

Brock Pierce is not new to doing business in Hong Kong. He co-founded Tether, the world's most widely traded stablecoin, in the city a decade ago. He also invested in the BitcoinArmory, one of the first Bitcoin wallets. He has also contributed to the growth of the early Bitcoin community.

Despite his optimism about the prospects of the crypto market in Hong Kong and mainland China, Pierce was tight-lipped about his plans to establish another business in the city. He only mentioned that he is enthusiastic about working in Hong Kong, which means the likelihood of something happening is good right now.