Hong Kong And Singapore Compete For The Top Spot
As the global bitcoin markets pick up steam again, Hong Kong and Singapore, two of Asia’s financial giants, are vying to become the top cryptocurrency destinations.
Both cities are exploring regulatory changes and investment-friendly rules in an effort to attract digital asset firms and position themselves at the forefront of the industry’s growth.
Hong Kong’s Legislative Measures
Under the oversight of the Securities and Futures Commission, the bustling Asian financial hub has made decent progress in the regulation of cryptocurrency.
Hong Kong has recently given the nod to nine digital asset trading platforms. The city’s blueprint in crafting a regulated and flourishing digital asset market is proof of these licenses…
