Current publicity for chain games is often lackluster, perhaps because they don’t make any money, and many players don’t even know they exist. The whitelist mode is reminiscent of the days when online games sold activation codes. There were many bugs and slow repairs. How could it be popular under such circumstances? Today, the number of new users in the encryption market has almost dried up. After experiencing the baptism of bulls and bears and in-depth participation, everyone has gradually understood that the so-called smart money cannot see the light of day.

The withdrawal of applications from mainstream exchanges reflects Hong Kong’s strict investor protection, and the Hong Kong government’s rapid adoption of ETFs aims to promote global capital to focus on Hong Kong through innovative models. The Hong Kong government’s goal is clear: connecting traditional finance and the emerging virtual asset market is an important task for the future of the Hong Kong market.

In contrast, the U.S. government still regards virtual assets as a political tool, and the impact of this uncertainty is far more terrifying than Hong Kong's harshness. The development of the virtual asset market to this day is still a means of manipulation by the US authorities; and Hong Kong's regulatory framework, no matter how "harsh" or "unprofitable" it is, is a stable state based on clear rules. After more than ten years of development, the virtual asset industry has already entered an incremental bottleneck, and it is no longer possible to expect to overtake the industry by taking a detour from the “crypto-native” group. Hong Kong's expectation is that world-class institutions can recognize this land and bring more innovative changes from the perspective of traditional finance. This requires hard work from many aspects and over many years.

Hong Kong is one of the best sandboxes for Web3 development.

#chain游#VirtualAssets#HongKong ETF#InvestorProtection#Web3#Encryption Market#FinancialInnovation#HongKong Development#GlobalCapital#RegulatoryFramework#TraditionalFinance#EmergingAssets#Cryptocurrency#BlockchainGaming#Web3Innovation#HongKongFinance #DigitalAssets