🚀 Hong Kong is spicing up its crypto game! In a bold move to outshine rivals like Singapore and Switzerland, the city proposes tax exemptions on crypto gains for hedge funds and private equity. The six-week consultation aims to attract global liquidity and boost its digital economy.

- Competing with finance hubs, Hong Kong's Open-Ended Fund Company structure is gaining traction.

- The tax break could position Hong Kong as a top offshore financial center.

Meanwhile, ZA Bank, the city's largest digital bank, dives into crypto, letting users trade Bitcoin and Ether. 💰

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