Warning-Frkn
vip

Will Hong Kong be the crypto locomotive of Asia?


The latest developments regarding crypto assets in Hong Kong are expected to be a driving force on the East Asian market, which is struggling with problems due to crypto asset trading bans that began to be implemented across China in 2019.
According to Chainalysis's report dated October 2, the East Asian market became the fifth largest market in the world while accounting for only 8.8% of the global market in the period between July 2022 and June 2023. However, Chainalysis shows that Hong Kong's latest moves could change the course of this situation.
“The driving force for East Asia will be Hong Kong, which has been riding a wave of optimism in recent years with the launch of several crypto initiatives and the introduction of market-friendly regulations.”
#ContentStar# #BountyCreator# #GateioBountyCreator# #NewsMessenger# #GateLive# #contentstar# #MyFancyCreator# #HotTopicDiscussion# #EasterEggHunt# #NewYearCelebration# #ContentMining# #İçerikYıldızı# #CryptoObservers#
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
SAVASvip
· 2023-10-05 05:30
Thanks for information
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)