Richard Li-Backed Venture Firm Flags Hong Kong Crypto Potential as US Clamps Down

(Bloomberg) -- CMCC Global, a venture capital company focused on blockchain technology, said the US digital-asset crackdown is opening up opportunities for Hong Kong as the city strives to become a crypto hub.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureFirst Republic’s Jumbo Mortgages Brought On Bank’s FailureRivian’s Troubles Don’t End at a 93% WipeoutBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersThe US “i