5 months ago
Hong Kong has emerged arsenic a cardinal subordinate successful the contention to go Asia’s premier crypto hub, arsenic it launched the region’s archetypal spot crypto ETFs connected April 30 with a day-one inflow of implicit $130 million crossed Bitcoin and Ethereum. To summation deeper penetration into the implications of this milestone and Hong Kong’s evolving virtual plus landscape, CryptoSlate spoke with HB Lim, Managing Director of APAC for BitGo.
Lim brings a wealthiness of regulatory and crypto manufacture acquisition to the conversation. Before joining BitGo, a starring organization crypto custody provider, helium was a manager astatine Abu Dhabi Global Market, wherever helium helped trade its progressive crypto regulatory frameworks. Lim antecedently held roles astatine the Monetary Authority of Singapore regulating fiscal institutions.
In this exclusive interview, Lim shares his position connected however Hong Kong’s spot ETF offerings could interaction marketplace forces and capitalist information successful the region. He besides assesses Hong Kong’s wide virtual plus regulatory model and however it compares to different contenders vying to beryllium Asia’s crypto hub, similar Singapore and the UAE.
Lim provides candid insights into areas wherever Hong Kong’s crypto regulations could beryllium enhanced, specified arsenic creating licensing options for autarkic custodians and calibrating rules for organization OTC trading desks. He besides discusses his outlook for integer assets successful Hong Kong and APAC and BitGo’s plans to enactment the region’s increasing ecosystem successful the coming years.
The station Restrictive OTC regulations for institutions amid Hong Kong ETF motorboat – BitGo APAC director appeared archetypal connected CryptoSlate.
English (US) 