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Hong Kong’s crypto ambition gets subtle nod from Beijing. Probably nothing...

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by COINS NEWS 144 Views

https://cointelegraph.com/news/hong-kong-s-crypto-ambition-gets-subtle-nod-from-beijing-report

Senses prevail in some part of the world. While western world is adamant on cracking down on Crypto, the eastern is taking a different approach. Hong Kong has also approved Crypto payments as a general payment method for its citizen starting June 2023 that will bring a big boost to crypto adoption. This will also benefit all the on-ramp/ off-ramp services for Blockchain payments.

Well, even if this is happening in Hong Kong, we are making progress as a civilization nonetheless. No desire to end crack down against shady stuff but the approach to limit all innovation is an unnecessary and damaging proposition west is pursuing to hurt itself in the long run! Hope the common sense prevails in all parts of the world.

Keep building! Godspeed.

submitted by /u/Sharp_Tank05
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