Hong Kong’s crypto push sets up race to bottom
Source: Reuters
HONG KONG, Nov 22 (Reuters Breakingviews) - Few cities in the world have expressed a desire to throw open cryptocurrency trading to retail investors since the devastating collapse of Sam Bankman-Fried’s exchange. That puts Hong Kong in a league of its own.Its financial secretary, Paul Chan, effectively committed to pressing ahead with a plan to develop the Asian financial centre into a virtual assets hub in his…
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