Hong Kong Falls Behind Singapore in Crypto Licensing Scheme Applications
Friday, 1 March 2024, 10:00
Comparing Hong Kong and Singapore Crypto Licensing Schemes
Hong Kong's recent crypto licensing scheme has attracted minimal attention, as only 24 applicants submitted their requests following the deadline. This number pales in comparison to the 70 applicants in Singapore under a similar regulation. The slight increase in last-minute submissions underscores the lukewarm response to Hong Kong's offering.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.