新加坡在加密貨幣司法管轄區排名中名列前茅，香港落後

根據 ApeX Protocol 的一項研究，新加坡在加密貨幣管轄區排名中名列前茅。該研究根據關鍵指標評估了世界頂級地區

Singapore has emerged as the world's leading jurisdiction for crypto, according to a new study by ApeX Protocol. The study ranks the world's top regions based on key metrics, including blockchain patents, industry-related jobs, and the number of crypto exchanges operating in each country.

根據 ApeX Protocol 的一項新研究，新加坡已成為世界領先的加密司法管轄區。該研究根據關鍵指標對世界頂級地區進行排名，包括區塊鏈專利、行業相關工作以及每個國家運營的加密貨幣交易所的數量。

Singapore boasts a composite score of 85.4, followed closely by Hong Kong with a score of 82.7. Despite having a population of fewer than 6 million, Singapore is home to 1,600 blockchain patents, 2,433 jobs in blockchain-related industries, and 81 crypto exchanges.

新加坡的綜合得分為85.4分，緊隨其後的是香港，得分為82.7分。儘管新加坡人口不到 600 萬，但擁有 1,600 項區塊鏈專利、2,433 個區塊鏈相關產業工作機會以及 81 個加密貨幣交易所。

In comparison, Hong Kong has issued 890 blockchain patents and only 1,163 blockchain jobs. However, the city is known for its well-established financial infrastructure, which facilitates the seamless integration of blockchain technology and cryptocurrency exchanges.

相比之下，香港已頒發了 890 項區塊鏈專利，但只有 1,163 個區塊鏈工作。然而，這座城市以其完善的金融基礎設施而聞名，這促進了區塊鏈技術和加密貨幣交易所的無縫整合。

This year, Singapore has approved 14 crypto licenses for exchanges, including OKX, Upbit, Anchorage, Bitgo, and GSR -more than doubling the licenses awarded by the city-state last year.

今年，新加坡已批准了 14 個加密貨幣交易所許可證，包括 OKX、Upbit、Anchorage、Bitgo 和 GSR，是該市國家去年頒發的許可證的兩倍多。

On the other hand, approvals in Hong Kong have been slower. The city only has seven fully licensed platforms in total. Four of these approvals were dolled out earlier this month.

另一方面，香港的審核速度較慢。該市總共只有七個獲得完全許可的平台。其中四項批准已於本月初發放。

The newly licensed platforms include Accumulus GBA Technology Co., DFX Labs Company, Hong Kong Digital Asset EX, and Thousand Whales Technology (BVI).

新授權的平台包括Accumulus GBA Technology Co、DFX Labs Company、Hong Kong Digital Asset EX和Thousand Whales Technology (BVI)。

“Hong Kong’s regulatory regime for exchanges is more restrictive in a number of ways that matter – such as custody of customer assets and token listing and delisting policies,” said Angela Ang, senior policy adviser at consultancy TRM Labs. “This may have tipped the balance in Singapore’s favour.”

諮詢公司 TRM Labs 的高級政策顧問 Angela Ang 表示：“香港的交易所監管制度在許多重要方面都更加嚴格，例如客戶資產的託管以及代幣上市和退市政策。” “這可能使天平向有利於新加坡的方向傾斜。”

Despite the slower approval rate, Hong Kong's spot crypto ETF market is expected to see "substantial growth in 2025" according to OSL managing director, Ryan Miller.

OSL 董事總經理 Ryan Miller 表示，儘管批准率較慢，但香港現貨加密 ETF 市場預計將在「2025 年大幅成長」。

In April 2024, Hong Kong introduced six spot bitcoin and ether ETFs. Despite this pioneering move, the reception has been lukewarm. As of December 11, the spot Bitcoin ETFs in Hong Kong have accumulated 4,560 BTC ($444.6 million), while Ethereum-focused funds hold 16,280 ETH ($59.6 million).

2024 年 4 月，香港推出了六檔現貨比特幣和以太幣 ETF。儘管有這項開創性的舉措，但反應卻冷淡。截至 12 月 11 日，香港現貨比特幣 ETF 已累積 4,560 BTC（4.446 億美元），而專注於以太坊的基金持有 16,280 ETH（5,960 萬美元）。

In stark contrast, U.S. spot crypto ETFs have witnessed unprecendented growth, with spot bitcoin ETFs amassing over $34.06 billion in net inflows and ether ETFs drawing $1.78 billion by early December.

與此形成鮮明對比的是，美國現貨加密貨幣 ETF 出現了前所未有的成長，截至 12 月初，現貨比特幣 ETF 的淨流入量已超過 340.6 億美元，以太坊 ETF 的淨流入量為 17.8 億美元。

The disparity underscores the challenges Hong Kong faces in competing with the U.S.'s established dominance in the crypto ETF space.

這種差異凸顯了香港在與美國在加密 ETF 領域既定的主導地位競爭時所面臨的挑戰。

“In my opinion, the performance of a product should not be judged by a single figure or factor," Miller said. “The new U.S. administration's favorable stance toward the crypto industry, coupled with interest rate cuts, has positively impacted global sentiment and cryptocurrency prices."

米勒表示：「在我看來，產品的表現不應該用單一的數字或因素來判斷。美國新政府對加密貨幣產業的有利立場，加上降息，對全球情緒和加密貨幣產生了正面影響。 ”價格。”

“With ongoing regulatory support and growing investor interest, Hong Kong's crypto ETFs are well-positioned to thrive in the evolving global crypto landscape." he added.

「憑藉持續的監管支持和不斷增長的投資者興趣，香港的加密貨幣 ETF 處於有利位置，可以在不斷變化的全球加密貨幣格局中蓬勃發展。」他補充道。