According to reports: From 2021 to the present, law enforcement agencies have seized over 194,000 Bitcoins worth 55,929,897,470, 830,000 Ethereums worth 47,686,257,818, and 1.4 million Litecoins, among others. The seized virtual currencies will be handled in accordance with the law, and the proceeds will be confiscated and paid into the national treasury.
After a rough calculation, this batch of cryptocurrencies can be converted into more than 20 billion US dollars, over 140 billion RMB, equivalent to the fiscal revenue of a weaker province for a year.
Given this income, Hong Kong's cryptocurrency policy must be addressed!