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Hong Kong A Growing Blockchain Hub

Emily Mason

Summary: A 2019 report from the Financial Services and Treasury Bureau in Hong Kong has confirmed the region's leading status in the blockchain industry. Hong Kong is intent on drawing in fintech companies, making moves like offering immigration incentives and opening a blockchain trade platform, coindesk.com reported. 57 fintech companies set up in Hong Kong, with ...

A 2019 report from the Financial Services and Treasury Bureau in Hong Kong has confirmed the region's leading status in the blockchain industry.

Hong Kong is intent on drawing in fintech companies, making moves like offering immigration incentives and opening a blockchain trade platform, coindesk.com reported.

57 fintech companies set up in Hong Kong, with 39% of them being blockchain businesses, beating out any other sector. The report noted that Hong Kong plans to continue to support its blockchain industry, especially during the pandemic.

By Emily Mason

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