59 min listen
Here’s how Hong Kong is opening up to crypto
FromThe Scoop
ratings:
Length:
27 minutes
Released:
Jun 3, 2023
Format:
Podcast episode
Description
Jason Choi is the co-founder of Tangent Ventures and the host of Blockcrunch podcast.
In this episode, Choi shares why Hong Kong's new Virtual Asset Service Provider ('VASP') licensing regime represents an "unapologetically bullish" shift in tone from regulators.
Although the new laws effectively lift Hong Kong's prior ban on retail crypto trading, Choi still thinks it will take some time for Hong Kong to become a dominant hub for crypto:
"A lot of crypto startups are effectively unbanked, especially startups that have to deal with crypto assets directly in high frequency such as exchanges... Without more banks actively supporting crypto businesses, it's a very hard to really thrive for crypto businesses."
During this episode, Chaparro and Choi also discuss:
The Asian VC landscape
What's next for Web3 gaming
Crypto market liquidity
This episode is brought to you by our sponsors PayPal and CleanSpark.
About PayPal
Make your crypto move with PayPal. Get started today at PayPal.com/crypto
About CleanSpark
CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.
In this episode, Choi shares why Hong Kong's new Virtual Asset Service Provider ('VASP') licensing regime represents an "unapologetically bullish" shift in tone from regulators.
Although the new laws effectively lift Hong Kong's prior ban on retail crypto trading, Choi still thinks it will take some time for Hong Kong to become a dominant hub for crypto:
"A lot of crypto startups are effectively unbanked, especially startups that have to deal with crypto assets directly in high frequency such as exchanges... Without more banks actively supporting crypto businesses, it's a very hard to really thrive for crypto businesses."
During this episode, Chaparro and Choi also discuss:
The Asian VC landscape
What's next for Web3 gaming
Crypto market liquidity
This episode is brought to you by our sponsors PayPal and CleanSpark.
About PayPal
Make your crypto move with PayPal. Get started today at PayPal.com/crypto
About CleanSpark
CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.
Released:
Jun 3, 2023
Format:
Podcast episode
Titles in the series (100)
A Conversation with Carlos Domingo, Founder and CEO at Securitize: Carlos touches on what securities have to gain from being tokenized, the future of the tokenized security platform landscape and the advantage of taking tokenized security route vs. traditional finance. by The Scoop