Hong Kong's evolution into a crypto hub gathers momentum

Hong Kong's evolution into a crypto hub gathers momentum

FILE PHOTO: Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

The evolution of Hong Kong into a hub for cryptocurrency trading is gathering pace, with more approvals and filings as well as personnel moves, although the barriers are proving too high for some.