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CoinDesk Podcast Network

BREAKDOWN: Narrative Watch - Hong Kong Nudges Towards Legalizing Crypto Trading for Retail

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 21 February 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

The Securities and Futures Commission of Hong Kong released proposed rules.

Hong Kong's securities regulator published proposed rules on Monday for virtual asset trading platforms, fueling the narrative that the next bull market will start in Asia. NLW explores whether the moves are connected to broader changes in the Chinese economy. 

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“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Serjio74/Getty Images, modified by CoinDesk. 

Join the discussion at discord.gg/VrKRrfKCz8.


Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.

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Transcript

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0:45.6

That's audible.com slash Wondery UK.

0:53.9

Welcome back to The Breakdown with me, NLW.

0:59.0

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

1:05.0

The breakdown is produced and distributed by CoinDess.

1:10.1

What's going on, guys?

1:11.3

It is Tuesday, February 21st, and today we're talking about the changing landscape for

1:17.2

crypto in Hong Kong.

1:19.6

Before we get into that, however, if you are enjoying the breakdown, please go subscribe

1:22.4

to it, give it a rating, give it a review, or if you want to dive deeper into the conversation,

1:26.5

come join us on the Breakers Discord. You can find a link in the show notes or go to bit.ly slash breakdown pod.

1:32.3

All right, friends, happy Tuesday. I hope if you are in the U.S. you had a good three-day weekend.

1:37.5

Today, we are looking at some of the changing global alignment around crypto jurisdictions,

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