Despite the Hong Kong’s intentions of stringent regulations on cryptocurrencies, the Hong-Kong based blockchain and cryptocurrency-driven companies seem to be optimistic in exploring prospects in the industry.

Amid the HK’s intentions to put exchanges, traders and other related companies under the scanner of the Securities and Futures Commission, MaiCapital, the Hong-Kong based blockchain, and cryptocurrency-driven hedge fund firm, has reportedly appointed the former Goldman Sachs executive Marco Lim as a managing partner.

Benedict, who is the Co-Founder and Managing partner at MaiCapital, reported that Marco Lim is entrusted predominantly for developing marketing and strategic partnerships. The long-lasting investment banking experience (Lim’s diversified expertise at Deutsche Bank, Credit Suisse, and Forex Capital Markets, specializing in foreign exchange sales, as per Lim’s LinkedIn profile) most likely to strengthen the digital asset management efficiency for MaiCapital’s.

Currency Strength Index: FxWirePro's hourly BTC is at -164 (highly bearish), hourly USD spot index is inching towards -15 levels (which is mildly bearish) while articulating (at 05:51 GMT).

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