Coin-Turk 11 minutes ago
27
Edith Yeung, co-founder of Race Capital, closely monitors the development of the crypto sector in Hong Kong. By investing early in projects like Solana 
$216 and the Lightning Network, she has played a significant role in the industry. Additionally, she authors the annual “China Internet Report,” which addresses trends in Chinese technology.
Hong Kong’s Crypto Regulations
Yeung highlighted the establishment of an open licensing regime as a major step for Hong Kong’s crypto sector. She noted that the presence of seven SFC-licensed virtual asset trading platforms has boosted investor confidence. However, she emphasized that licensing alone is insufficient, stressing the critical importance of liquidity in the market.
“The gradual formation of pro-crypto regulations in Hong Kong is a positive sign for China,” Yeung said.
Describing Hong Kong as the New York of Asia, Yeung pointed out the region’s high financial potential. She stated that Hong …
License.Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals
Design By New Web | ScriptNet
