Crypto Currency Tracker logo Crypto Currency Tracker logo
cryptonews 2023-05-30 13:00:00

Hong Kong's Crypto Hub Ambitions May Not Last Warns Chinese Crypto Pioneer

Hong Kong’s ambition to become a crypto hub may not be sustainable, according to a Chinese crypto veteran whose digital asset business in China was overturned by a regulatory crackdown. In an interview with Bloomberg, crypto pioneer Bobby Lee, who set up China’s first Bitcoin exchange and founded US-based crypto storage provider Ballet Global, warned that Hong Kong may once again change its stance toward crypto in three to five years and announce a ban on the industry. ... Read More: Hong Kong's Crypto Hub Ambitions May Not Last Warns Chinese Crypto Pioneer

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.