Crypto Weekly: Will Hong Kong Be the Macau of Crypto?
225 Views, 16 Jan 2022 22:16
- HKMA released a discussion paper on the regulation of stablecoins in Hong Kong which seems to suggest a divergence in regulatory approach towards crypto from China's current stance
- China has historically allowed banned activities from the mainland to operate in a controlled environment such as gaming in Macau
- We explore the potential that HK is the perfect firewalled environment where crypto could be allowed to develop without contagion for the rest of China