China’s ban on cryptocurrency trading is seen weakening Hong Kong’s role as a bridge for investors to access the mainland Chinese market. Photo: AFP
China’s ban on cryptocurrency trading is seen weakening Hong Kong’s role as a bridge for investors to access the mainland Chinese market. Photo: AFP

China’s cryptocurrency ban clouds Hong Kong’s role as innovation hub for digital assets as tighter legislation seen

  • China’s latest ban on cryptocurrency activities casts doubts on Hong Kong’s future role as an innovation hub for digital assets
  • Hong Kong-based start-ups will not be able to offer cryptocurrency services to mainland residents in the US$2 trillion market, some observers say

China’s ban on cryptocurrency trading is seen weakening Hong Kong’s role as a bridge for investors to access the mainland Chinese market. Photo: AFP
China’s ban on cryptocurrency trading is seen weakening Hong Kong’s role as a bridge for investors to access the mainland Chinese market. Photo: AFP
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