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CoinDesk - by layer3.news
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2025-02-10 17:22:06
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Hong Kong’s Patient Approach to Regulating Crypto Will Pay Off: LegCo's Duncan Chiu


CoinDesk (nprofile…nhef)
✍️ Hong Kong is vying to become Asia's crypto hub, but needs to balance investor protections with a welcoming environment for businesses and new capital.
👉 Hong Kong is vying to become Asia's crypto hub
👉 The territory needs to balance investor protections with a welcoming environment for businesses and new capital
👉 Hong Kong's common-law framework makes its economy one of the most open and free in the world
👉 The territory's initial caution with respect to regulating crypto comes with advantages
👉 The Legislative Council is working on building regulatory alignment with global regulators

#DuncanChiu #JohnnyNg #DonaldTrump #HongKong #Singapore #Japan #Korea #Dubai #MainlandChina #U.S. #technology
CoinDesk (nprofile…nhef)

Devising clear rules for the industry is important, but it can also help to wait for others to move first, argues Chiu.
https://www.coindesk.com/consensus-hong-kong-2025-coverage/2025/02/10/hong-kong-s-patient-approach-to-regulating-crypto-will-pay-off-legco-s-duncan-chiu

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