According to Bloomberg, citing informed sources, the Thai cryptocurrency exchange Bitkub is considering an initial public offering (IPO) in Hong Kong.

Bitkub may launch its IPO in Hong Kong as early as next year to raise about $200 million. As discussions are still ongoing, details may change.

Why is the Thai exchange listing in Hong Kong?

Like Haskey, both are raising $200 million, what does that mean?

In the past 13/17/21 years, each crackdown has given rise to a new batch of leading exchanges. After this crackdown, in the next 3-5 years, who do you think will take the lead? [grinning][grinning]

If Hashkey lands in Hong Kong capital next month, it would be akin to Huobi and OKEx's Hong Kong listings in 2018, as well as Coinbase's listing on the NASDAQ in the United States, igniting capital influx.

Over the past decade, every time a country implements a crackdown on cryptocurrency policies, each crackdown represents a new major change and leap forward.

"Don't waste a good crisis; every crisis holds opportunities."