hong Kongto revitalize the financial center and trading pool. giving the green light to crypto organizationsa secret one from China received support.
Hong Kong’s desire to be the center for cryptocurrencies and blockchain has brought a new trend. This trend has recently entered the crypto market. bull run made it live. Especially Asian-based cryptocurrencies have made their rise in the light of developments in Asia. In the middle of all these processes, of Hong Kongto the crypto effort Chinesealso by a support has arrived.
Gateway to Crypto Bulls: Hong Kong
Bloomberg’smade according to the news, Hong Kong’s steps on cryptocurrencies There was also support from the Chinese government.
Last year, Hong Kong focused on its own bill to regulate the crypto industry and allow retail investors to invest directly in virtual assets. Following these initiatives, Hong Kong recently launched its mission to build a bridge between investors and cryptocurrencies.
according to BloombergThese initiatives of Hong Kong, It was received moderately and calmly in China. Beijing officials reportedly traveled frequently to Hong Kong to find out what was going on with these initiatives. According to the news Chinese, Special Administrative Region Rather than oppose Hong Kong’s initiatives, he gave affirmative support.
