Hong Kong and Singapore are, each on their own, multiplying initiatives aimed at attracting crypto companies. Each aims to establish itself as a continental crypto hub. Consequence: a strategic war is open between the two Asian territories.
Hong Kong and Singapore conquer Asia’s crypto market through regulation
For several months, the crypto industry has been gaining a foothold in Asia. And it is not a hazard. Because, if China procrastinates in the face of the emergence of cryptos, the situation is not the same for other countries.
A country like Singapore or the autonomous locality of Hong Kong have clearly positioned themselves in favor of cryptos. A position that looks like a geostrategic battle, with the added bonus of absolute control of crypto flows in Asia.
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