Big news in the world of cryptocurrency! Hong Kong is becoming a super important place for crypto, like a central hub for buying and selling digital money. Lots of governments are interested in this because crypto is growing fast. Bitcoin even hit a super high price recently!
- Hong Kong wants to make it easy for people to buy and sell crypto.
- Other countries in Asia, like Singapore and Malaysia, are also working on crypto rules.
- The US might make it easier to use crypto too, which could change things worldwide.
- It's important for governments to make sure people are safe when they use crypto.
| Fact | Number |
|---|---|
| Bitcoin's high price | almost $110,000 |
| Money lost in FTX collapse | around $8 billion (later recovered) |
| Hong Kong exchanges received in first half of 2024 | $26.6 billion |
| Singapore exchanges received in first half of 2024 | $13.5 billion |
