Hong Kong's New Crypto Regulation: Will It Attract the Industry? - Ep. 505

Published: June 13, 2023, 11 a.m.

b"On June 1, Hong Kong implemented new crypto regulations to license exchanges. Two experts \\u2013 Angelina Kwan, CEO of Stratford Finance (and former COO of BitMEX), and Adrian Lai, founder and managing partner of Newman Capital \\u2013 weigh in on the new rules in Hong Kong, which tokens can be listed, recent reports that China may be sanctioning this activity, and how the crypto community is responding so far. Plus, they dissect the latest developments of the digital yuan, whether China will ever embrace public blockchains, and the shifting global regulatory landscape for crypto, and more.\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\\nShow highlights:\\n\\nAngelina\\u2019s and Adrian\\u2019s backgrounds in crypto in Hong Kong\\n\\nhow crypto in Hong Kong has evolved over the years\\n\\nwhat the new Hong Kong Securities and Futures Commission (SFC) rules consist of, including which tokens will be allowed in the newly licensed exchanges\\xa0\\n\\nhow the Hong Kong Monetary Authority (HKMA) has taken onboarding crypto companies in the banking system very seriously\\xa0\\n\\nwhy Angelina says that crypto companies have already stopped leaving Hong Kong\\n\\nhow some people are worried how a potential crackdown on crypto in China could affect Hong Kong\\n\\nwhy the SFC has committed to issuing a paper on tokenization and why it is particularly interested in real estate\\xa0\\n\\nthe importance of the development of the digital yuan\\n\\nwhether the new regulations in Hong Kong mean that China is prepared to adopt crypto in the mainland\\n\\nhow China is 'excelling' at adopting real-world use cases, according to Angelina\\n\\nwhy you can't say \\u201cNFTs\\u201d in China and why the metaverse represents a \\u201chuge problem,\\u201d according to Adrian\\n\\nwhether China will let public blockchains succeed\\xa0\\n\\nhow the global regulatory landscape has been changing and what it means for the future of digital assets\\n\\nwhether Africa is the next frontier of growth and what role the Middle East is playing\\n\\nThank you to our sponsors!\\n\\nCrypto.com\\n\\nTOKEN2049\\n\\nGuests:\\n\\n\\nAngelina Kwan, CEO of Stratford Finance\\n\\n\\nAdrian Lai, founder and managing partner of Newman Capital\\n\\nLinks\\n\\nCoinDesk:\\xa0\\n\\nHong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1\\n\\nHow Hong Kong Is Gearing Up to Regulate Stablecoins\\n\\n\\nCointelegraph:\\xa0\\n\\nHong Kong\\u2019s regulatory lead sets it up to be major crypto hub\\n\\nChina doles out millions in digital yuan in bid to boost adoption: Report\\n\\nChinese city public servants to receive digital yuan salaries starting May\\n\\n\\nTechCrunch:\\xa0\\n\\nHong Kong\\u2019s crypto rules help it fit in more than stand out, but experts say that\\u2019s good\\n\\nA peek into China\\u2019s stance on web3\\n\\n\\nCNBC: One country, two crypto systems: Hong Kong harbors crypto hub ambitions despite China\\u2019s crackdown\\n\\n\\n\\nBloomberg: Hong Kong\\u2019s Crypto Hub Ambitions Win Quiet Backing From Beijing\\n\\n\\nHong Kong Securities and Futures Commission: SFC concludes consultation on regulation of virtual asset trading platforms\\n\\n\\n\\nSouth China Morning Post: Hong Kong\\u2019s crypto market will not have \\u2018light-touch regulation\\u2019, HKMA chief says as city prepares new rules\\n\\n\\n\\nForkast: China: Zhengzhou City proposes metaverse plan\\n\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"