After the industry’s annus horribilis, Hong Kong wants to regain its crypto crown

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Open this photo in gallery: Crowds at ApeFest, a three-day event for NFT and cryptocurrency enthusiasts hosted by Bored Ape Yacht Club in Hong Kong in early November.Yuga Labs/The New York Times News Service On a night in early November, hundreds of revellers packed into a cruise terminal on Hong Kong’s Victoria Harbour to watch a DJ wearing a monkey mask perform on a stage bedecked in neon purple, blue and green lights, under the yellow skull logo of the Bored Ape Yacht Club. Endorsed by celebrities such as Jimmy Fallon and Paris Hilton, Bored Ape was the buzziest of...