5 Insights From Our Webinar “Is Crypto Hong Kong Ready To Rock Again?”

On April 18, the CryptoOracle Collective hosted a webinar, “Is Crypto Hong Kong Ready To Rock Again?,” about the comeback of the crypto ecosystem in Hong Kong. We had two great guests, Casey Lau (Co-Founder of Web Summit and a 20 year HK resident), and Ethan Pierse (Director of the CryptoAssets Institute). Among the topics covered were western perception of Hong Kong vs reality, Hong Kong as a crypto hub, and what the changing HK crypto landscape implies about China’s crypto ambitions. You can watch the replay:

Or you can read our five insights below:

#1 — Crypto Hong Kong Is Back

After China banned financial institutions from crypto in May of 2021, the HK crypto ecosystem slowed to a crawl. But that has recently changed. Shortly after easing draconian Covid quarantine policies in January, the Hong Kong government proposed new rules allowing retail investors to own certain large-cap tokens on licensed exchanges, while mainland China continued to ban crypto-related transactions.