Hong Kong is increasing an important role in blockchain and cryptocurrencies
Countries around the globe should start giving more importance to blockchain technologies and cryptocurrency. Only that way can crypto lending and other crypto services in the future can continue improving the lives of people all over the world. LOTS support this scenario as it is a company that aims to offer individuals intermediary services, lending services and wealth management services to satisfy their respective needs.
Hong Kong is taking a lead to overcome major challenges and become a blockchain hub. As Forbes recently mentioned:
“The rising popularity of cryptocurrency is undeniable on the global scale, but what also is undeniable is the fact that the adoption rate has not been en masse over the past few years.
It is through the implementation of such regulatory actions that Hong Kong is seeking to gain the reputation to become an important international blockchain hub, and according to the fintech lead at InvestHK, “Blockchain is a very high priority for us. There is hype, and there is the fast grab of money with ICOs in some cases. But what we are looking at building here in Hong Kong is an infrastructure for new businesses and existing businesses, to make sure the technology and innovations remain a key enabler for financial sector growth”.”

