After China's ban of ICOs, mining facilities, and crypto currencies, Hong Kong is the new center for the Chinese crypto-world.
I agree with you. After the ban of ICO in China, the crypto-currency market felt negative trends, but now the number of ICOs continues to grow, because Hong Kong is an excellent center for business development in the East Asia region, where strict rules that are valid in the rest of China do not apply. However, it is not worth taking Hong Kong as an open space for everyone. Recently, a statement was issued with a warning to investors that it is required to perform the necessary verification of projects before they are considered.