Family, it has become increasingly difficult to take money out of Hong Kong. Each time, one can only take away a maximum of 20,000. For those of us who are working hard in the cryptocurrency world, the road is getting narrower!

Recently, the cryptocurrency scene in Hong Kong has been extraordinarily lively. Previously, Hong Kong's virtual currency market was extremely booming, like an enticing sweet pastry, attracting countless people to flock in. Friends from the mainland have been rushing over in waves, eagerly hoping to exchange their virtual currencies for real cash.

As the number of people increases, those wanting to cash out their virtual currencies flood in like a tide. The Hong Kong customs, sensing the situation is not good, immediately introduced a new regulation. This has left mainland investors worried sick.

According to the Hong Kong Wen Wei Po, nowadays, after mainlanders successfully cash out their virtual currencies in Hong Kong, if they want to bring it back to the mainland, the limit for each person per trip is only 20,000 RMB. Whether directly carrying cash back or attempting to settle through other means, once this amount is exceeded, the money cannot smoothly enter the mainland.

Once this regulation was announced, the impact was extensive. Hong Kong used to be a major hub for global cryptocurrency trading, with a loose policy and an active market, and everyone loved to trade here. But now, with the new rule in place, its status as a trading center is likely to be precarious. Many investors, especially those with large trading volumes and abundant funds, find their capital turnover suddenly stuck.

In the past, Hong Kong had a favorable policy environment in the cryptocurrency field, and everyone was thriving. But now this new regulation is like a chasm, blocking some people from withdrawing their funds back to the mainland. So during this time, everyone is racking their brains to figure out how to avoid this restriction, which is truly distressing.

Family, remember to follow! Brother Dao will discuss the trends of common virtual currencies and popular altcoins every day. For instance, the recently popular Musk Doge PP, while its current market value is not high, it hides enormous potential for appreciation, conservatively estimating it can at least rise 10 times. Brothers, make sure to pay more attention!