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Hong Kong should not take cryptocurrency finance for granted

Singapore is ready to welcome innovative companies

| Hong Kong
Bitcoin advertisement at a bus stop in Hong Kong: a flexible legal framework is crucial to securing the city's position as a leader in cryptocurrency finance.   © Sipa/AP

Flex Yang is the founder and chief executive of Babel Finance, a cryptocurrency financial services company based in Hong Kong.

While Hong Kong has seen some setbacks of late, it remains Asia's foremost hub for most types of finance.

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