Aptos’ Crypto Testing in Hong Kong: Insights from Former Meta Employees

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Ever since Hong Kong legalized cryptocurrency trading last June, blockchain projects from the West have been paying more attention to the Asian financial hub. Aptos, the a16z-backed blockchain network developed by a group of former Meta employees, is one of them. Started by some of the original creators of Meta’s abandoned crypto payment project Diem, Aptos is set to host a DeFi event in Hong Kong this April. When asked when users in Hong Kong will get access to Aptos-based DeFi services, the founder said he cannot speculate on regulation. “I do think Hong Kong regulators are moving things in the right direction and forward and providing clarity for entrepreneurs to build.