Hong Kong's crypto industry eager for policy support

Bangkok Post LogoBangkok Post2 mo ago

Hong Kong's crypto industry eager for policy support - Bangkok Post

Quick Summary:

HONG KONG: Hong Kong's cryptocurrency entrepreneurs and investors are looking to the government to take more measures to support the industry amid growing concerns about the city's diminishing status as a crypto hub resulting from regulatory uncertainty.

"One of my main objectives [for the summit] was to put the spotlight back on Hong Kong as the place to be for innovators, entrepreneurs and hardcore professionals looking to shape the future of Web3 and crypto," she said.

At a legislative council meeting addressing the amendment in July, May Chan, deputy secretary for Hong Kong's Financial Services and the Treasury Bureau, said that the administration was "mindful of the need to maintain a balance between regulation and healthy development" of the virtual asset market.

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Article Details

Category: Economy



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-25 @ 22:01:00 (2 months ago)

News Timezone: GMT +8:00

Ranking: #272 (out of 2124 stories this day)

News Source URL:

Language: English

Article Length: 1158 words

Reading Time: 7 minutes read

Sentences: 40 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 531142

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About Bangkok Post

Main Topics: Economy

Official Website:

Update Frequency: 14 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 9 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

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The story "Hong Kong's crypto industry eager for policy support" was covered 2 months ago by Bangkok Post, a news publisher based in Thailand.

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