Folks, while China has cracked down on crypto, Hong Kong has gone in the opposite direction, embracing digital assets.
With new regulations allowing retail trading and licensing for exchanges, Hong Kong saw $64 billion in crypto volume from July 2022 to June 2023.
That optimism contrasts mainland China’s crypto ban but could influence the broader region as Hong Kong cements its status as an Asian financial hub.
So while Beijing sees red on crypto, this hub is still feeling golden about bitcoin and blockchain.
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