Odaily Planet Daily News Against the background of the uncertain regulatory situation in the United States, Asia is promoting regulatory transparency in the cryptocurrency market. Among them, Hong Kong and Singapore are in the leading positions.
Ong Chengyi, head of policy at Chainalysis Asia Pacific, said that Hong Kong and Singapore maintain very high regulatory standards and are actively creating a favorable environment for digital asset businesses. Hong Kong is expected to issue more licenses, attracting more cryptocurrency companies to Asia.
OKX Global Chief Commercial Officer Lennix Lai said that the Hong Kong region officially opened cryptocurrency trading to retail investors, which will further boost investor confidence and make Hong Kong more attractive as a potential global virtual asset center. (CNBC)