Crypto companies may shift their jurisdiction from the US to Hong Kong due to increased scrutiny by US regulators. Over 20 companies from the industry have informed the government of their plans to open branches in Hong Kong and another 80 have expressed interest. “Today, the US is stricter than ever in regards to cryptocurrency regulation, on the other hand, Hong Kong has a more favorable environment and this will clearly shift the center of gravity of crypto asset trading and investment tow...

Crypto companies may shift their jurisdiction from the US to Hong Kong due to increased scrutiny by US regulators. Over 20 companies from the industry have informed the government of their plans to open branches in Hong Kong and another 80 have expressed interest. “Today, the US is stricter than ever in regards to cryptocurrency regulation, on the other hand, Hong Kong has a more favorable environment and this will clearly shift the center of gravity of crypto asset trading and investment tow...