Top 5 New Crypto to Buy as Hong Kong Announces Plans to Promote Crypto
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Este artículo también está disponible en español. Paul Chan Mo-po, Hong Kong’s financial secretary, reaffirmed the city’s commitment to being a stable, open, and dynamic hub for digital assets. Hong Kong has been making significant investments in Web3 innovation and blockchain infrastructure, signalling a strong push toward becoming a global leader in the sector. The state-backed Cyberport Web3 Hub now hosts over 270 blockchain firms, with an impressive 120 new additions in just the past 17 months, reflecting the region’s evolving stance on crypto adoption and development. Hong Kong Doesn’t Want to Miss the Crypto Train Hong Kong is positioning itself as the next global financial innovation hub, introducing various initiatives to drive growth in the sector. One such proposal includes exempting crypto gains from taxation for certain entities, reinforcing its pro-crypto stance. Financial Secretary Paul Chan Mo-po also highlighted the growing intersection of artificial intelligence and blockchain, emphasizing that AI’s integration into Web3 will unlock new use cases while also presenting fresh challenges. Hong Kong is constantly monitoring these developments in a bid to build a transparent legal and supervisory framework. The government started a licensing drive last year and has handed out nine crypto licenses since then. With governments around the world becoming more crypto-positive, there has never been a better time to build a solid crypto portfolio. As more pro-crypto legislation is passed, trading and investing in digital assets will become easier, as well as more rewarding. If you’re also looking to invest in digital assets, here are some of the best new cryptos you should consider purchasing. 1. BTC Bull ($BTCBULL) – Best New Crypto to Buy to Benefit from $BTC’s Growth BTC Bull ($BTCBULL) is a new community-driven token designed to ride Bitcoin’s journey. Instead of simply cheering on Bitcoin as it inches closer to new…
Filed under: News - @ February 19, 2025 3:26 pm