Hong Kong Challenges for the Crown! 🇭🇰🇸🇬
The crypto race in Asia is on fire! Hong Kong is making aggressive moves, recently surpassing Singapore in some "crypto-friendly" rankings. They've already launched spot Bitcoin & Ether ETFs and are now set to allow crypto derivatives trading for professional investors. In another huge development, Jack Ma's Ant International (creators of Alipay) is reportedly seeking stablecoin licenses in both Hong Kong and Singapore.