The growth and increasing cryptocurrency adoption have brought different reactions in many places. Some are entirely embracing the industry and its numerous opportunities with innovative ideas. But some are retracing their steps within the crypto space using stricter regulatory measures.
Recently events in some Asian regions on the retail digital asset landscape are taking some interesting twists. For example, Hong Kong and Singapore seem to be moving in opposite directions regarding their stance on digital retail.
Singapore is gradually retracing from its previous friendly disposition on digital assets and its activities. But Hong Kong is preparing for new moves to enhance its presence in the digital space.
According to a recent report, Hong Kong plans to indulge in retail crypto trading. The region has been reputed to have a low interest in digital asset trading. But its recent move targets to undo…