Unchained

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

Listen Later

On June 1, Hong Kong implemented new crypto regulations to license exchanges. Two experts – Angelina Kwan, CEO of Stratford Finance (and former COO of BitMEX), and Adrian Lai, founder and managing partner of Newman Capital – 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.

Listen 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.

Show highlights:

  • Angelina’s and Adrian’s backgrounds in crypto in Hong Kong
  • how crypto in Hong Kong has evolved over the years
  • what the new Hong Kong Securities and Futures Commission (SFC) rules consist of, including which tokens will be allowed in the newly licensed exchanges 
  • how the Hong Kong Monetary Authority (HKMA) has taken onboarding crypto companies in the banking system very seriously 
  • why Angelina says that crypto companies have already stopped leaving Hong Kong
  • how some people are worried how a potential crackdown on crypto in China could affect Hong Kong
  • why the SFC has committed to issuing a paper on tokenization and why it is particularly interested in real estate 
  • the importance of the development of the digital yuan
  • whether the new regulations in Hong Kong mean that China is prepared to adopt crypto in the mainland
  • how China is 'excelling' at adopting real-world use cases, according to Angelina
  • why you can't say “NFTs” in China and why the metaverse represents a “huge problem,” according to Adrian
  • whether China will let public blockchains succeed 
  • how the global regulatory landscape has been changing and what it means for the future of digital assets
  • whether Africa is the next frontier of growth and what role the Middle East is playing
    • Thank you to our sponsors!
    • Crypto.com
    • TOKEN2049
      • Guests:
      • Angelina Kwan, CEO of Stratford Finance
      • Adrian Lai, founder and managing partner of Newman Capital
        Links
        • CoinDesk: 
        • Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1
        • How Hong Kong Is Gearing Up to Regulate Stablecoins
        • Cointelegraph: 
        • Hong Kong’s regulatory lead sets it up to be major crypto hub
        • China doles out millions in digital yuan in bid to boost adoption: Report
        • Chinese city public servants to receive digital yuan salaries starting May
        • TechCrunch: 
        • Hong Kong’s crypto rules help it fit in more than stand out, but experts say that’s good
        • A peek into China’s stance on web3
        • CNBC: One country, two crypto systems: Hong Kong harbors crypto hub ambitions despite China’s crackdown
        • Bloomberg: Hong Kong’s Crypto Hub Ambitions Win Quiet Backing From Beijing
        • Hong Kong Securities and Futures Commission: SFC concludes consultation on regulation of virtual asset trading platforms
        • South China Morning Post: Hong Kong’s crypto market will not have ‘light-touch regulation’, HKMA chief says as city prepares new rules
        • Forkast: China: Zhengzhou City proposes metaverse plan

          Learn more about your ad choices. Visit megaphone.fm/adchoices

          ...more
          View all episodesView all episodes
          Download on the App Store
          UnchainedBy Laura Shin
          • 4.6
          • 4.6
          • 4.6
          • 4.6
          • 4.6

          4.6

          1,182 ratings

          More shows like Unchained

          View all
          Real Vision: Finance & Investing by Real Vision Podcast Network

          Real Vision: Finance & Investing

          916 Listeners

          The Peter McCormack Show by Peter McCormack

          The Peter McCormack Show

          2,163 Listeners

          CoinDesk Podcast Network by CoinDesk

          CoinDesk Podcast Network

          637 Listeners

          The Pomp Podcast by Anthony Pompliano

          The Pomp Podcast

          1,835 Listeners

          The Breakdown by Blockworks

          The Breakdown

          740 Listeners

          On The Brink with Castle Island by Castle Island Ventures

          On The Brink with Castle Island

          286 Listeners

          What Bitcoin Did by Danny Knowles

          What Bitcoin Did

          245 Listeners

          Bankless by Bankless

          Bankless

          1,030 Listeners

          The Wolf Of All Streets by Scott Melker

          The Wolf Of All Streets

          227 Listeners

          Swan Signal Live - A Bitcoin Show by Swan Bitcoin

          Swan Signal Live - A Bitcoin Show

          182 Listeners

          Empire by Blockworks

          Empire

          166 Listeners

          Coin Stories by Natalie Brunell

          Coin Stories

          407 Listeners

          Raoul Pal: The Journey Man by Real Vision Podcast Network

          Raoul Pal: The Journey Man

          137 Listeners

          web3 with a16z crypto by a16z crypto, Sonal Chokshi, Chris Dixon

          web3 with a16z crypto

          61 Listeners

          Bell Curve by Blockworks

          Bell Curve

          36 Listeners