Animoca Brands co-founder and executive chairman, Yat Siu published a blog recently in collaboration with Bloomberg where he discusses the current state of affairs in the crypto industry. Titled ‘Is the Crypto Winter Over?’, the blog features an easy yes to the question from Siu....
- Animoca Brands’ founder says Hong Kong’s optimistic outlook on crypto is driving the end of crypto winter.
- China’s pursuit of “de-dollarization” prompts significant crypto exploration, with $250 billion in digital currency transactions in June.
- NFTs democratize revenue for artists, while gaming emerges as a leading sector in web3.
Animoca Brands co-founder and executive chairman, Yat Siu published a blog recently in collaboration with Bloomberg where he discusses the current state of affairs in the crypto industry. Titled ‘Is the Crypto Winter Over?’, the blog features an easy yes to the question from Siu.
Bitcoin’s value is on the rise, the crypto market capitalization is finally stabilizing, investment management giant BlackRock is headstrongly pushing into the Bitcoin ETF market, and Hong Kong is welcoming retail crypto trading with open arms, the blockchain gaming company’s founder state the aforementioned as obvious signs of the sector’s improvement.
Siu has a straightforward answer to what’s the driving force behind the end of crypto winter. He credits Hong Kong’s fres…
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