The post Edith Yeung Sees Big Things to Come for Crypto in Hong Kong appeared on BitcoinEthereumNews.com.

As the co-founder and general partner at early stage venture capital fund Race Capital, Edith Yeung has had a front-row seat on the development of the crypto sector, particularly in Hong Kong, where she was born and raised. Most notably, she was a seed investor in Solana, investing $250,000 when SOL was valued at just $0.04, and also was an early investor in Lightning Network. Since 2017, Yeung has also authored the China Internet report, an influential annual survey of technology trends in China. Here, Yeung, who will be a speaker at Consensus Hong Kong, discusses Hong Kong’s ongoing development as a crypto hub, her take on China’s stance towards crypto, what she foresees for Solana and one big crypto prediction for 2025. This series is brought to you by Consensus Hong Kong. Come and experience the most influential event in Web3 and Digital Assets, Feb.18-20. Register today and save 15% with the code CoinDesk15. Interview has been condensed and lightly edited for clarity. How do you see crypto regulations developing in HK in 2025? Do you think more crypto companies will become licensed by the SFC in 2025? It’s exciting to see that Hong Kong now has seven SFC-licensed virtual asset trading platforms. From an investor’s perspective, having a clear licensing regime is a major step forward. Regulatory clarity and predictability are like well-lit roads — they give investors the confidence to drive forward without worrying about unexpected detours. That said, licensing alone isn’t enough. Liquidity is the other critical piece of the puzzle. Think of a trading platform like a brand-new highway: you can have the smoothest pavement and clearest signs, but if no cars are on it, drivers won’t bother. Similarly, no matter how many licenses you have, if there’s no active trading and liquidity, investors will…

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Filed under: News - @ January 3, 2025 6:17 pm