Hong Kong's Bitcoin Asia 2025 conference, set for August 28-29, is a major event for digital asset investors and innovators, highlighting the city's ambitions to become a leading crypto hub.

Despite ongoing political tensions and broader U.S.-China trade and diplomatic issues, Hong Kong remains committed to developing its crypto industry.

However, the event has been affected by political sensitivities, as several Hong Kong officials withdrew from the speaker lineup, citing unspecified reasons, amidst the delicate political environment.

Notably, Eric Yip Chee-hang from the Securities and Futures Commission and legislator Johnny Ng Kit-chong, who were initially scheduled to speak, withdrew, reflecting the influence of the current political climate.

The withdrawals occurred shortly after it was announced that Eric Trump would headline the event, further underscoring the political sensitivities surrounding the conference.