Singapore leads Hong Kong in race to become crypto hub
Mint Mumbai|December 25, 2024
Hong Kong's tight curbs on exchanges may have tipped the balance in favour of Singapore
Bloomberg
Singapore leads Hong Kong in race to become crypto hub

Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.

Singapore doled out 13 crypto licences in 2024 to a range of crypto operators, including top exchanges OKX and Upbit, as well as global heavyweights Anchorage, BitGo, and GSR. That's more than double the licences awarded by the city-state the previous year. A similar licensing regime in Hong Kong has been slow to progress.

Both cities are bidding to entice digital-asset firms to their shores with dedicated regimes, tokenization projects and regulatory sandboxes. Local authorities see in crypto the potential to boost the allure of their respective jurisdictions as global business hubs, but progress has been uneven.

この記事は Mint Mumbai の December 25, 2024 版に掲載されています。

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この記事は Mint Mumbai の December 25, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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