Hong Kong Crypto Regulations: New BULL Run Incoming?!
Hey Guys,
In case you missed the memo, Hong Kong is about to legalise retail crypto trading and investing. The result could be billions of dollars of inflows that could mark the beginning of the next bull market. The exact date is June 1st – very soon!
There’s just one small problem – it appears that there won’t be any crypto exchanges supporting retail investors on day 1. In fact, it looks like existing crypto exchanges will automatically become illegal until they register… starting June 1st.
This means that Hong Kong’s legalisation of retail crypto trading could actually cause a dump before a pump. It could also create international issues given the crypto companies the city state has been hosting. In the end though, it will be bullish.
Enjoy!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Hong Kong Bans Retail Crypto Trading: https://www.scmp.com/business/banking...
► Hong Kong Retail Crypto Regulations: https://www.bloomberg.com/news/articl...
► Hong Kong Retail Cryptos For Trading: https://twitter.com/WuBlockchain/stat...
► Bitzlato Targeted by DOJ, Based in Hong Kong: https://www.coindesk.com/policy/2023/...
► China Testing Crypto In Hong Kong: https://decrypt.co/142032/new-crypto-...
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
