Could Hong Kong Replace Singapore as a Regional Crypto Hub?

Singapore is cracking down on crypto exchanges, while Hong Kong unveiled a new legal framework to encourage investment. Hong Kong may have an opportunity to attract crypto investment from across the region. China is also liquidating seized assets, potentially giving Hong Kong-based firms an opportunity to buy these products cheaply. Still, Singapore is continuing to issue some exchange licenses, and fears of capital flight may be overblown source: https://beincrypto.com/singapore-hong-kong-regional-crypto-hub-opportunity/