2023-05-30 13:00:00

Hong Kong's Crypto Hub Ambitions May Not Last Warns Chinese Crypto Pioneer

Hong Kong’s ambition to become a crypto hub may not be sustainable, according to a Chinese crypto veteran whose digital asset business in China was overturned by a regulatory crackdown. In an interview with Bloomberg, crypto pioneer Bobby Lee, who set up China’s first Bitcoin exchange and founded US-based crypto storage provider Ballet Global, warned that Hong Kong may once again change its stance toward crypto in three to five years and announce a ban on the industry. ... Read More: Hong Kong's Crypto Hub Ambitions May Not Last Warns Chinese Crypto Pioneer

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