China’s state-owned banks are offering services to local cryptocurrency companies in Hong Kong as the city embraces a more friendly regulatory stance. According to a Monday report from Bloomberg, a number of Chinese state-owned banks in Hong Kong have started offering services to crypto companies, an indication that the recent move by Hong Kong to become a major digital asset center has backing from Beijing. ... Read More: Chinese State-Owned Banks Extend Crypto-Friendly Hand to Hong Kong Firms
3 Crypto Lawsuits to Look Out For This Week
