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| Hong kong crypto mining | From all of the above, it is clear that government attitude in Hong Kong to cryptocurrency activity is welcoming and inclusive with appropriate regulation. We expect this trend to continue at least in the short to medium term. Increased enforcement actions by regulators, mainly the Securities and Exchange Commission, have left crypto companies unsure of where they stand, even those offering an olive branch to regulators. Peter B. Reopening to crypto trading would give it that opportunity, but it would also increase the overall variability and volatility because more retail traders mean more liquidity, he said. |
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| Hong kong crypto mining | In the past year or so Hong Kong has lagged behind its peer cities, like Singapore and Dubai, due to concerns over its regulatory landscape and the influence of mainland China, which has banned crypto trading and mining. Government attitude and definition. The globe below provides links to country-by-country summaries:. Bitcoin and similar currencies are designated as virtual commodities and not legal tender or securities. On the other hand, fund managers that manage funds investing only in cryptocurrencies that are not securities or futures contracts will not require a Type 9 Licence because this will not be considered a regulated activity. Home Page. |
