Hong Kong eyes DeFi, DAO spent $37M to help free Julian Assange: Finance Redefined

The Hong Kong government aims to expand its fintech dominance in DeFi and the metaverse despite challenges in the current landscape.

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

The past week in DeFi saw major regulatory developments in Hong Kong, as its government intends to study and identify key opportunities in the decentralized sector.

After 14 years of fighting against extradition to the United States, Julian Assange is a free man. AssangeDAO — a decentralized organization created to help raise funds for Assange’s legal fight — revealed that it spent $37 million to help the WikiLeaks founder secure his freedom.

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