Hong Kong's Ambitions in the Crypto Space: Executives Weigh in on Web3 and Regulation

By CryptoNews - 8 months ago - Reading Time: 1 minutes

Hong Kong's Ambitions in the Crypto Space: Executives Weigh in on Web3 and Regulation

Hong Kong has set its sights on becoming a major crypto hub as the region actively promotes the development of Web3. 
The Securities and Futures Commission (SFC), the country's main financial regulator, is ostensibly accompanying this ambition with plans to regulate the crypto space by granting licenses for retail crypto exchanges. 
As of late, Hong Kong has also taken certain measures that further strengthens its position as a major player in the Web3 space. ...
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Original source: CryptoNews