Hong Kong Institution.
Now in Hingkong, the Hong Kong government is actively trying to attract institutions to enter Hong Kong and also has ambitions to become a crypto hub in the region. Even the Hong Kong monetary authority forces 3 banks such as HSBC, Standard Carter, and Bank of China to provide services on crypto exchanges. Well, there is another Greenland financial technology application for a license in Hong Kong to trade crypto, carbon credit, and NFT. Well, Greenland financial technology This is a real estate group that is 46% owned by the Shanghai government. Hong Kong has also provided a budget of US$6.4 million for the digital asset sector booster in Hong Kong.
China government playing the hidden game in the crypto currency,if the china government had 46% in the company.So it mean they have huge potential in the decision making,they allow the people to have some investment in the cryptocurrency.Hong Kong is the key player for the Chinese government and the Chinese economy.When the bank provides exchange of fiat to crypto currency,this mean that the people of Hong Kong had the accessibility to crypto currency.