Eastern Opportunities of Hong Kong's New Cryptocurrency Policy
Hong Kong has recently issued the first batch of virtual asset exchange licenses and plans to approve a Bitcoin spot ETF. The relaxation of policies in the Asian market is attracting international institutions like Coinbase to position themselves, and Hong Kong may become the next cryptocurrency financial center. Chinese projects (such as CFX) will benefit from this, but attention should be paid to the potential fluctuations brought about by geopolitical factors.