#CryptoRegulation While cryptocurrency regulation remains fragmented in global markets, Hong Kong consolidates its position as a global leader in innovation and institutional capital investment. While the U.S. continues to grapple with changing regulatory priorities, Singapore imposes de facto regulations on retail participation in cryptocurrencies and the EU enacts prescriptive licenses under the Markets in Crypto-Assets Regulation (MiCA), Hong Kong implements a meticulously measured and commercially viable regulatory framework that harmonizes investor safeguards with forward-looking policies to foster innovation.