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Hong Kong’s Bitcoin trading ban could see users turn to ‘unregulated’ platforms Hong Kong’s Bitcoin trading ban could see users turn to ‘unregulated’ platforms

Hong Kong’s Bitcoin trading ban could see users turn to ‘unregulated’ platforms

Hong Kongโ€™s crypto users could shift to โ€œunregulatedโ€ and riskier venues to trade their digital assets should the government move forward with tighter controls on the rising sector, a group of crypto exchange owners said over the weekend.

Hong Kong’s Bitcoin trading ban could see users turn to ‘unregulated’ platforms

Hong Kongโ€™s crypto users could shift to โ€œunregulatedโ€ and riskier venues to trade their digital assets should the government move forward with tighter controls on the rising sector, a group of crypto exchange owners said over the weekend.

The way out of regulation The statements came months after Hong Kongโ€™s Financial Services and the Treasury Bureau proposed limiting retail investors from trading digital currencies.

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