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Hong Kong's virtual asset market sparks optimism despite recent withdrawals

According to Odaily, despite the recent withdrawals, the recent “perceived licensed” exchanges still raise some optimism about the future of the virtual assets market in Hong Kong. Hong Kong Legislative Council member Qiu Dageng recently asked about the impact of demonetisation on the development of Web3 in Hong Kong. However, many industry insiders believe that the Hong Kong Securities and Futures Commission's "safety first" virtual asset market in Hong Kong sparks optimism despite recent withdrawals.

According to Odaily, despite the recent withdrawals, the recent “perceived licensed” exchanges still raise some optimism about the future of the virtual assets market in Hong Kong. Hong Kong Legislative Council member Qiu Dageng recently asked about the impact of demonetisation on the development of Web3 in Hong Kong. However, many industry insiders believe that the Hong Kong Securities and Futures Commission is “safety first.”