Cryptocurrency substitute Gate.io is gearing up to open a presence in Hong Kong following the local govt’s planned $6.4 million (50 million Hong Kong buck) money injection into Web3 as per town’s 2023-24 finances.
Gate Personnel stated on Feb. 22 that this is in a position to perhaps well well also unbiased apply for a crypto license in Hong Kong allowing it to open “Gate HK.” The company’s local company, Hippo Monetary Products and providers, gained a license in August 2022 to present virtual asset custodial providers.
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