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China’s Incubating Crypto in Hong Kong but the City’s Strict Rules Are Frustrating Entry

Summary by KIFI

By John Liu, CNN Hong Kong (CNN) — Hong Kong is eager to embrace cryptocurrency. Crypto exchange shops now greet customers in shopping malls. Hundreds of crypto ATMs have sprung up along the city’s busy streets. And last week, Eric Trump – son of United States President Donald Trump and now a central figure in the family’s crypto empire – was featured at the Bitcoin Asia summit in the global financial center. Hong Kong has ambitious plans to tap…

8 Articles

CNN

+5 Reposted by 5 other sources

Lean Left

China’s incubating crypto in Hong Kong but the city’s strict rules are frustrating entry

Hong Kong has ambitious plans to tap into the $3.8 trillion digital assets market with new legislation that will allow licensed business to issue stablecoin, a cryptocurrency pegged to real-world assets like the US dollar.

10 hours ago·Atlanta, United States

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Financial Post

Lean Right

Crypto's US Momentum, Trump Ties Steal Show at Hong Kong Event

(Bloomberg) — The Bitcoin faithful gathered in Hong Kong last week, but all eyes and energy tilted west — toward the United States, now crypto’s once-unlikely command center.

12 hours ago·Canada

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Bloomberg

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Crypto’s US Momentum, Trump Ties Steal Show at Hong Kong Event

The Bitcoin faithful gathered in Hong Kong last week, but all eyes and energy tilted west — toward the United States, now crypto’s once-unlikely command center.

13 hours ago·United States

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