Thousands gather at 'Consensus' cryptocurrency summit in Hong Kong: Video

FILE PHOTO: Illustration picture of cryptocurrencies
FILE PHOTO: Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo
Source: REUTERS

Thousands attended the "Consensus" cryptocurrency summit in Hong Kong as the city renewed its rivalry with Singapore in the race to become Asia’s leading digital asset hub.

The event comes amid a global crypto resurgence, bolstered by support from U.S. President Donald Trump.

Industry experts suggest that Trump’s push to position the United States as the "crypto capital of the planet" could attract significant investment while also intensifying competition with established Asian markets.

Analysts believe this momentum could have ripple effects across the region, benefiting other digital asset-friendly jurisdictions.

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