Hong Kong and Singapore have already led the regulatory progress of the Asian cryptocurrency market in 2024. The overall outlook for 2025 is that the Asian market will further develop its regulatory environment, potentially refining its framework to enhance cryptocurrency adoption. Industry insiders believe that if Hong Kong is the only jurisdiction offering staking functionality, it could bring new advantages, and markets like Singapore and Hong Kong may launch more innovative financial products and refine their frameworks to promote adoption. (TheBlock)