The Battle For Crypto Hub

It seems like the battle is on for what country is going to become the crypto hub. This is because right we are seeing countries start to compare their holdings and now Hong Kong showing how it's grown into a massive crypto hub itself. It was even talked about years ago that the UK was going to become the crypto hub. Ah if only they would have followed up and really done it they would be in a much better spot. Or Germany selling out their stash lol silly countries.

This graph above shows the allocation of bitcoin holding in some countries. Mainly countries and large cap companies that hold it. It's a little older and not fully up to date but we can see that China is actully not far behind the USA in terms of holdings. You know the country that banned mining, didn't let people own it and banned it outright. Well yeah what they do and what they say two very different things. All that happened is that a vast majority of it went to Hong Kong and that's why it is currently acting as a major hub for crypto trading on that side of the world and it's booming!