🚀 Hong Kong is spicing up the crypto scene by proposing a tax exemption on cryptocurrency gains for hedge funds and private equity. This move aims to outshine rivals like Singapore and Switzerland, who are already flaunting their financial prowess.
- The proposal, under a six-week consultation, could boost Hong Kong's digital economy by attracting global liquidity.
- Analysts hint this could turbocharge the Asian crypto market.
- Meanwhile, ZA Bank, the city's largest digital bank, is diving into crypto, letting users trade BTC and ETH directly.
Looks like Hong Kong is ready to party in the crypto world! 🎉