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An influential digital currency evangelist says Hong Kong can grab a huge slice of the controversial multibillion-dollar bitcoin industry as US hostility towards virtual money increases.
Roger Ver, 34, a bitcoin millionaire, told the South China Morning Post that efforts to disrupt the digital currency money market would be futile.
Roger Ver, 34, a bitcoin millionaire, told the South China Morning Post that efforts to disrupt the digital currency money market would be futile.
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Anthony Hope, a former British government finance official now involved in virtual money compliance, said it was unlikely Hong Kong would rush to regulate bitcoins without following the US approach to regulation.
"Asia will wait and see what happens on the US and EU side before it makes a very firm move. But what you see from the Hong Kong and Singaporean governments is realism … to attempt to make regulation as it comes."
"Asia will wait and see what happens on the US and EU side before it makes a very firm move. But what you see from the Hong Kong and Singaporean governments is realism … to attempt to make regulation as it comes."