There is a tidal wave of adoption of digital assets under way around the world, and this has set the stage to ‘rewire’ the financial services industry and its value chains.
The growth potential is massive. Hong Kong’s digital assets institutional market alone could top US$100 billion in the next three to five years, according to information in recent reports from Hong Kong Private Wealth Management and KPMG.
Asian markets are driving this shift. Japan was the first to regulate digital assets and now has licensed exchanges.
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