Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Here’s how Hong Kong is opening up to crypto

Here’s how Hong Kong is opening up to crypto

FromThe Scoop


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.
Released:
Jun 3, 2023
Format:
Podcast episode

Titles in the series (100)

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Director of News Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.