Hong Kong’s Crypto Hub Ambitions Win Quiet Backing From Beijing
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Summary:(Bloomberg) -- In October, Hong Kong rolled out the red carpet for crypto businesses to help revitalize the embattled financial hub. Signs are now emerging the push has under-the-radar backing from Beijing, providing impetus for mainland Chinese firms to return.Most Read from BloombergUS-China Meeting Only Worsens Tensions Over Balloon, RussiaBiden Meets Zelenskiy on Surprise Trip Nearly Year Into WarRussia and China Have a Stranglehold on the World’s Food SecurityStocks Muted, US Futures Fall a

(Bloomberg) -- In October, Hong Kong rolled out the red carpet for crypto businesses to help revitalize the embattled financial hub. Signs are now emerging the push has under-the-radar backing from Beijing, providing impetus for mainland Chinese firms to return.Most Read from BloombergUS-China Meeting Only Worsens Tensions Over Balloon, RussiaBiden Meets Zelenskiy on Surprise Trip Nearly Year Into WarRussia and China Have a Stranglehold on the World’s Food SecurityStocks Muted, US Futures Fall a

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