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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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