[[TAKEAWAYS]] - Mirae Asset’s MAPS app marks a new entry into Hong Kong’s regulated crypto market, signalling growing institutional appetite for local trading platforms. - The launch is timed when global sentiment is in extreme fear, suggesting the app may appeal to risk‑averse traders looking for a regulated, transparent venue. - Retail users could gain easier access to crypto products—spot, futures or tokenised assets—within a familiar regulatory framework, potentially lowering costs and improving security. - The app’s success will hinge on how it navigates Hong Kong’s licensing regime and whether it partners with existing exchanges or offers