Bitcoin Adoption: Hong Kong Is Asia’s Rising Crypto Hub

The city of Hong Kong is serious about crypto. After three years of struggles with COVID-19, the city is vibrant and flourishing again as business executives and tourists of all kinds pour back into Asia’s financial center. New guidelines from the Securities and Futures Commission are paving the way.

Since Hong Kong FinTech Week last year regulators have been building a comprehensive license regime for digital assets. Regulated under the principle of “same business, same risks, same rules,” digital assets are now being approached with similar rules to traditional financial ones. This has resulted in breakthrough moments for the industry this year such as when Hong Kong’s licensed…

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