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Here’s how Hong Kong is opening up to crypto

The Scoop

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The Capital Markets Situation in Asia

In the wake of FTX and Alameda collapsing there's been a global liquidity gap as it were. What does the is there a budding or booming sort of capital markets ecosystem of trading firms and liquidity providers kind of growing alongside these new entrepreneurs and venture capitalistsYeah I think I'll be lying if I say that it's still growing especially compared to 2020-2021 a lot of market makers that we talk to here in Asia have paired back their activities just because of the low liquidity which begets lower liquidity but I don't doubt that you know in a bullish kind of cycle a lot of these participants will come back.

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