Hong Kong's Crypto-Friendly Approach Sparks Hope for East Asian Crypto Resurgence

Hong Kong, a leading financial hub, seems poised to breathe fresh life into the East Asian cryptocurrency scene after mainland Chinas restrictive measures dimmed its vibrancy in recent years. A new report indicates that the city-states proactive approach towards digital currencies might rejuvenate the regions crypto activity. From July 2022 through June 2023, East Asias cryptocurrency trade value constituted only 8.8% of the global total, as revealed by a Chainalysis report dated October 2. This ranking positions East Asia as the fifth most engaged cryptocurrency market globally. The...

source: https://tokenpost.com/Hong-Kongs-Recent-Crypto-Shifts-Could-Stir-East-Asian-Markets-10767

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