China’s only lawful and public blockchain Conflux aims to deploy Uniswap V3 on its network. Regulatory crackdowns in the United States and Europe would also benefit the growth of the crypto industry in Asian markets, Conflux claims, noting that over 80 crypto companies are planning to set up an office in Hong Kong to create a crypto bridge…
Regulatory crackdowns in the United States and Europe would also benefit the growth of the crypto industry in Asian markets, Conflux claims, noting that over 80 crypto companies are planning to set up an office in Hong Kong to provide a crypto bridge to mainland China .
Ambre Soubiran, CEO of institutional crypto market data provider Kaiko, takes a similar view. “The US today is tighter than ever when it comes to crypto and Hong Kong regulations in a more favorable manner […] will clearly shift more of the focus of crypto asset trading and investing to Hong Kong,” he said
stated in a recent interview. Aside from the potential market reach, incentives for projects building on Uniswap v3 on the Conflux network are the creation of liquidity pools for CFX token trading pairs – specifically CFX-USDT, CFX-BTC and CFX-ETH. These liquidity pools would be worth $2 million and locked for two years.
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