💪Assume that Hong Kong will open personal trading of cryptocurrency in June. Although the current information is not reliable and is in the rumor stage.

If the boots really start to hit the ground:

The first benefit is that it will be a great benefit for mainland users to deposit and withdraw funds. There will be many scalper intermediaries to start business; (I feel this is a business opportunity)

The second benefit is the establishment of a benchmark currency based on Hong Kong dollars or CNY, which will greatly increase its influence in the industry.

The downside is that the current crypto investment institutions in Hong Kong pale in comparison to those on Wall Street, and it’s easy to imagine who will be cut off from them. As for greatly promoting the development and purchasing power of the encryption industry, I have reservations. After all, before the introduction of Hong Kong policies, major industries did not delay buying coins, right? #crypto2023 #ETH #BNB #btc

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