Chairman of the Hong Kong Fintech Association: Some of the withdrawn virtual asset trading platforms are still exploring the establishment of Asia-Pa
Hong Kong FinTech Association Chairman Chen Wenli said that some platforms that have withdrawn from Hong Kong have established businesses in North America, Europe and other places, but they are still exploring the feasibility of using Hong Kong as the headquarters for the Asia-Pacific region.Hong Kong Legislative Council member Wu Jiezhuang said that from what he understands, most platforms have the intention of applying for licenses in Hong Kong, but Hong Kong's regulations are strict and do not allow services to be provided to mainland investors, so some platforms may exist in non-compliance situations. Under strict regulation, the types of tradable virtual currencies are limited, and platforms are also not easy to make profits.
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