{"id":1259,"date":"2020-10-07T10:05:22","date_gmt":"2020-10-07T10:05:22","guid":{"rendered":"https:\/\/bricksandmortarmgt.com\/?p=1259"},"modified":"2020-11-11T02:12:18","modified_gmt":"2020-11-11T02:12:18","slug":"sgp-helps-crypto-fintechs-while-hksar-sits-idly-by","status":"publish","type":"post","link":"https:\/\/bricksandmortarmgt.com\/zh_hk\/2020\/10\/sgp-helps-crypto-fintechs-while-hksar-sits-idly-by\/","title":{"rendered":"SGP helps crypto fintechs while HKSAR sits idly by"},"content":{"rendered":"<p>Despite the HKSAR pouring billions into government-directed &#8216;innovation&#8217; initiatives (most of which will probably get wasted by crafty rent seekers), it is doing nothing to unshackle the private sector the way Singapore government is doing &#8211; see article below:<br><a href=\"https:\/\/www.blogger.com\/#\">&#8221; The Monetary Authority of Singa<\/a><a href=\"https:\/\/www.coindesk.com\/singapore-moves-to-help-crypto-startups-receive-banking-services\/\" data-type=\"URL\" data-id=\"https:\/\/www.coindesk.com\/singapore-moves-to-help-crypto-startups-receive-banking-services\/\">p<\/a><a href=\"https:\/\/www.blogger.com\/#\">ore (MAS), the city-state&#8217;s central bank, is working to ensure cryptocurrency startups receive domestic banking services as part of the country&#8217;s efforts to boost&nbsp;fintech&nbsp;development.&#8221;<\/a><br>This is becoming a recurrent theme highlighting the large contrast between practical nimbleness of the Lion city and HK&#8217;s bureaucratic white elephant mentality (ie spraying cash on vested interests, which strangely drives out innovation), below are some of our other views on the innovation sector:<br><a href=\"https:\/\/yulun2012.blogspot.com\/2018\/07\/more-governments-facilitating-crypto.html\" data-type=\"URL\" data-id=\"https:\/\/yulun2012.blogspot.com\/2018\/07\/more-governments-facilitating-crypto.html\">More governments facilitating crypto business or adopting blockchain to ease regulatory burden for businesses<\/a><br><a href=\"https:\/\/yulun2012.blogspot.com\/2018\/04\/further-to-our-recent-article-another.html\" data-type=\"URL\" data-id=\"https:\/\/yulun2012.blogspot.com\/2018\/04\/further-to-our-recent-article-another.html\">Singapore allows Airbnb, Where is Hong Kong?<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p> &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"ast-button\" href=\"https:\/\/bricksandmortarmgt.com\/zh_hk\/2020\/10\/sgp-helps-crypto-fintechs-while-hksar-sits-idly-by\/\"> <span class=\"screen-reader-text\">SGP helps crypto fintechs while HKSAR sits idly by<\/span> Read More \u00bb<\/a><\/p>","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[913,914],"tags":[],"class_list":["post-1259","post","type-post","status-publish","format-standard","hentry","category-crypto","category-singapore"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/bricksandmortarmgt.com\/zh_hk\/wp-json\/wp\/v2\/posts\/1259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bricksandmortarmgt.com\/zh_hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bricksandmortarmgt.com\/zh_hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bricksandmortarmgt.com\/zh_hk\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/bricksandmortarmgt.com\/zh_hk\/wp-json\/wp\/v2\/comments?post=1259"}],"version-history":[{"count":2,"href":"https:\/\/bricksandmortarmgt.com\/zh_hk\/wp-json\/wp\/v2\/posts\/1259\/revisions"}],"predecessor-version":[{"id":1462,"href":"https:\/\/bricksandmortarmgt.com\/zh_hk\/wp-json\/wp\/v2\/posts\/1259\/revisions\/1462"}],"wp:attachment":[{"href":"https:\/\/bricksandmortarmgt.com\/zh_hk\/wp-json\/wp\/v2\/media?parent=1259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bricksandmortarmgt.com\/zh_hk\/wp-json\/wp\/v2\/categories?post=1259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bricksandmortarmgt.com\/zh_hk\/wp-json\/wp\/v2\/tags?post=1259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}