Here’s how Hong Kong is opening up to crypto
The Scoop
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The Lessons Hong Kong Regulators Learn From the Events of 2022
Hong Kong regulators have an incredibly tough job to do. They've always been keen on becoming a fintech hub even before crypto just because of the unique standing upon as a financial center but also close to hubs with a lot of technical talent like Shenzhen. At the same time they are obviously concerned with the risks that come with crypto which proved very very real during the collapse of FTX now at the sameTime they also don't want to fall behind competing Asia hubs outside of China like Singapore.
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