Bitcoin Market Continues to Slip Away from Hong Kong
The Bitcoin businesses in Hong Kong are finding it difficult to navigate through complex regulations, damaging the region's cryptocurrency ecosystem. Hong Kong is one of the Asia’s finest fintech destinations. But the same can’t be said for the Bitcoin market anymore. According to a recent article in one of the leading Chinese dailies, Bitcoin businesses are slowly dying in the region. Once considered a prolific market for cryptocurrencies, the sector has since then been stifled by strict regulations and red tape. Entrepreneurs in the digital currency industry who once flocked to Hong Kong....
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