Singapore’s crypto exchange crackdown seen benefiting Hong Kong

Source: Tech – South China Morning PostHong Kong could benefit from Singapore’s recent move to oust unlicensed cryptocurrency companies, according to analysts, potentially leading to a significant injection of liquidity.
On May 30, the Monetary Authority of Singapore instructed cryptocurrency firms incorporated in the city and offering services abroad to acquire a licence or leave the country. Singapore’s central bank subsequently set a June 30 deadline for crypto service providers in the city state to stop offering digital token…Read More

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