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đđ° Major Move in the East! Hong Kongâs Yuxing Technologies just made waves by acquiring 78.2 $BTC for a whopping $6.3M đž
This strategic purchase underscores the growing confidence in Bitcoin as a key asset for long-term value. With institutional players stepping up, the narrative of $BTC as digital gold continues to gain traction đ
Is this another sign that Asia is leading the charge in crypto adoption đ
đĄ Smart money is making moves. Are you paying attention đ€
#BTCâ #HongKong
This strategic purchase underscores the growing confidence in Bitcoin as a key asset for long-term value. With institutional players stepping up, the narrative of $BTC as digital gold continues to gain traction đ
Is this another sign that Asia is leading the charge in crypto adoption đ
đĄ Smart money is making moves. Are you paying attention đ€
#BTCâ #HongKong
JUST IN: đđ° Hong Kong lawmaker proposes adding #Bitcoin to national reserves to boost financial security.
#btc #xrp #eth #hongkong #crypto #cryptonews
#btc #xrp #eth #hongkong #crypto #cryptonews
Hong Kong Lawmaker Proposes Adding Bitcoin to National Reserves
A groundbreaking proposal from Hong Kong legislator Wu Jiezhuang has sparked conversations about the role of Bitcoin in the city's financial future. Wuâs suggestion to integrate Bitcoin into Hong Kongâs national reserves is a bold move that could reshape traditional asset strategies and position the city as a leader in digital finance. Leveraging Hong Kongâs unique "one country, two systems" framework, Wu envisions a financial landscape where Bitcoin isnât just an investment but a cornerstone of fiscal security.
Drawing Inspiration from Global Examples
Wuâs proposal is rooted in real-world precedents. Countries like El Salvador and Bhutan have already embraced Bitcoin in their economic systems, albeit in distinct ways. El Salvador, a trailblazer in Bitcoin adoption, made headlines by recognizing the cryptocurrency as legal tender. Meanwhile, Bhutan has been quietly building reserves through mining operations, showcasing another method of integrating Bitcoin into national strategies.
These examples underline Bitcoinâs potential to serve as more than a volatile investment asset. Instead, Wu suggests, it can act as a strategic tool for countries looking to diversify their holdings and enhance financial resilience. As governments adopt Bitcoin, he argues, its value could stabilize, making it a more reliable reserve asset in an increasingly interconnected global economy.
A Phased Approach to Adoption
Recognizing the challenges of incorporating Bitcoin into national reserves, Wu advocates for a phased approach. The first step, he proposes, is the introduction of Bitcoin Exchange-Traded Funds (ETFs) in Hong Kong. These ETFs would provide a regulated entry point for investors, bridging the gap between traditional financial systems and the emerging digital asset ecosystem.
Wu emphasizes the importance of learning from the United States, where Bitcoin ETFs have made the asset more accessible to institutional investors. By tailoring this model to Hong Kongâs unique regulatory and economic environment, the city could attract global talent and investment, setting the stage for broader adoption of Bitcoin.
Challenges and Opportunities
Wuâs vision isnât without its critics. Bitcoinâs price volatility remains a significant concern, as does the complexity of integrating such an asset into fiscal reserves. Opponents argue that relying on Bitcoin exposes governments to risks not present with traditional assets like gold or foreign currencies. However, Wu counters that as more countries adopt Bitcoin, the assetâs value will stabilize, mitigating these risks over time.
He also highlights the potential long-term benefits of diversifying reserves. Traditional holdings often depend on assets susceptible to geopolitical and economic uncertainties. By incorporating Bitcoin, Hong Kong could reduce its reliance on these traditional systems, paving the way for greater financial resilience in an unpredictable global landscape.
Positioning Hong Kong as a Digital Finance Hub
This proposal comes at a pivotal moment for Hong Kong, as the city navigates its identity amid shifting geopolitical and economic dynamics. Long recognized as a global financial hub, Hong Kongâs ability to adapt to new technologies like blockchain and digital currencies will play a crucial role in maintaining its competitive edge.
Wuâs call to action is clear: Hong Kong must embrace innovation to stay ahead. By positioning itself as a leader in digital asset adoption, the city can attract top-tier talent and investors, fostering an environment where financial security and technological advancement go hand in hand.
Rethinking the Fundamentals of Financial Security
What makes Wuâs proposal particularly compelling is its focus on long-term strategy. Rather than viewing Bitcoin as a passing trend, he presents it as a cornerstone of future fiscal security. This perspective challenges conventional thinking about national reserves and opens the door for other jurisdictions to consider similar approaches.
By diversifying its reserves with Bitcoin, Hong Kong could reduce dependence on traditional systems that may struggle to withstand the complexities of an interconnected global economy. While the proposalâs implementation remains uncertain, Wuâs vision has undoubtedly initiated a critical conversation about the future of financial strategy in a digital-first world.
Conclusion
As Bitcoin continues its evolution from a niche digital currency to a potential pillar of national economic strategy, proposals like Wuâs force policymakers to rethink the fundamentals of financial security. For Hong Kong, this is more than an opportunity to adopt a new asset class; itâs a chance to define the future of fiscal reserves and digital finance on the global stage.
Wu Jiezhuangâs bold vision underscores the urgency of embracing innovation in an era of rapid technological change. By leading the charge in integrating Bitcoin into national reserves, Hong Kong could set a powerful example for other nations while securing its place as a pioneer in the digital economy.
#HongKong #Bitcoin $BTC $ETH
Drawing Inspiration from Global Examples
Wuâs proposal is rooted in real-world precedents. Countries like El Salvador and Bhutan have already embraced Bitcoin in their economic systems, albeit in distinct ways. El Salvador, a trailblazer in Bitcoin adoption, made headlines by recognizing the cryptocurrency as legal tender. Meanwhile, Bhutan has been quietly building reserves through mining operations, showcasing another method of integrating Bitcoin into national strategies.
These examples underline Bitcoinâs potential to serve as more than a volatile investment asset. Instead, Wu suggests, it can act as a strategic tool for countries looking to diversify their holdings and enhance financial resilience. As governments adopt Bitcoin, he argues, its value could stabilize, making it a more reliable reserve asset in an increasingly interconnected global economy.
A Phased Approach to Adoption
Recognizing the challenges of incorporating Bitcoin into national reserves, Wu advocates for a phased approach. The first step, he proposes, is the introduction of Bitcoin Exchange-Traded Funds (ETFs) in Hong Kong. These ETFs would provide a regulated entry point for investors, bridging the gap between traditional financial systems and the emerging digital asset ecosystem.
Wu emphasizes the importance of learning from the United States, where Bitcoin ETFs have made the asset more accessible to institutional investors. By tailoring this model to Hong Kongâs unique regulatory and economic environment, the city could attract global talent and investment, setting the stage for broader adoption of Bitcoin.
Challenges and Opportunities
Wuâs vision isnât without its critics. Bitcoinâs price volatility remains a significant concern, as does the complexity of integrating such an asset into fiscal reserves. Opponents argue that relying on Bitcoin exposes governments to risks not present with traditional assets like gold or foreign currencies. However, Wu counters that as more countries adopt Bitcoin, the assetâs value will stabilize, mitigating these risks over time.
He also highlights the potential long-term benefits of diversifying reserves. Traditional holdings often depend on assets susceptible to geopolitical and economic uncertainties. By incorporating Bitcoin, Hong Kong could reduce its reliance on these traditional systems, paving the way for greater financial resilience in an unpredictable global landscape.
Positioning Hong Kong as a Digital Finance Hub
This proposal comes at a pivotal moment for Hong Kong, as the city navigates its identity amid shifting geopolitical and economic dynamics. Long recognized as a global financial hub, Hong Kongâs ability to adapt to new technologies like blockchain and digital currencies will play a crucial role in maintaining its competitive edge.
Wuâs call to action is clear: Hong Kong must embrace innovation to stay ahead. By positioning itself as a leader in digital asset adoption, the city can attract top-tier talent and investors, fostering an environment where financial security and technological advancement go hand in hand.
Rethinking the Fundamentals of Financial Security
What makes Wuâs proposal particularly compelling is its focus on long-term strategy. Rather than viewing Bitcoin as a passing trend, he presents it as a cornerstone of future fiscal security. This perspective challenges conventional thinking about national reserves and opens the door for other jurisdictions to consider similar approaches.
By diversifying its reserves with Bitcoin, Hong Kong could reduce dependence on traditional systems that may struggle to withstand the complexities of an interconnected global economy. While the proposalâs implementation remains uncertain, Wuâs vision has undoubtedly initiated a critical conversation about the future of financial strategy in a digital-first world.
Conclusion
As Bitcoin continues its evolution from a niche digital currency to a potential pillar of national economic strategy, proposals like Wuâs force policymakers to rethink the fundamentals of financial security. For Hong Kong, this is more than an opportunity to adopt a new asset class; itâs a chance to define the future of fiscal reserves and digital finance on the global stage.
Wu Jiezhuangâs bold vision underscores the urgency of embracing innovation in an era of rapid technological change. By leading the charge in integrating Bitcoin into national reserves, Hong Kong could set a powerful example for other nations while securing its place as a pioneer in the digital economy.
#HongKong #Bitcoin $BTC $ETH
Hong Kong Lawmaker Proposes Bitcoin as Part of Fiscal Reserves
Proposal to Integrate Bitcoin into Reserves
Hong Kong lawmaker Wu Jiezhuang has proposed incorporating Bitcoin (BTC) into the cityâs fiscal reserves. He suggests leveraging the cityâs investment fund to purchase and hold Bitcoin for the long term. The goal of this initiative is to boost the development of Hong Kongâs cryptocurrency industry, attract global investments and talent, and increase transaction-related revenue.
Strategy for Bitcoin Reserves
Wu, a member of Hong Kongâs Legislative Council and the chair of the Web3 Virtual Asset Development Subcommittee, highlighted the potential strategic benefits of utilizing Bitcoin. He noted that the global market is increasingly adopting Bitcoin, with some countries and U.S. states already including it in their reserves as a hedge against inflation and excessive currency issuance.
Wu also referenced the U.S. under President Trump, which positioned Bitcoin as a strategic reserve asset. This decision boosted Bitcoinâs market value and challenged traditional assets. According to Wu, Hong Kong should capitalize on its unique "one country, two systems" framework to enhance financial security and diversify its reserves.
Risks and Potential Benefits
While Wu acknowledged Bitcoinâs volatility and cybersecurity risks, he argued that including BTC in fiscal reserves, even in a limited capacity, could yield positive outcomes. He emphasized Bitcoinâs growing adoption, the development of derivative markets, and its increasing integration into mainstream finance, which he believes could benefit Hong Kongâs economy and attract further investments.
Proposal for a Bitcoin-Based ETF
Wu also proposed creating a Bitcoin-based ETF to unlock the value of existing holdings. This move could make Hong Kong more appealing as a hub for cryptocurrencies and digital assets.
Conclusion
The proposal to integrate Bitcoin into Hong Kongâs fiscal reserves could be a pivotal step in advancing the regionâs cryptocurrency ecosystem. Despite the risks associated with BTCâs volatility, Wu believes its adoption could bring long-term benefits to Hong Kong.
#BTC , #HongKong , #DigitalAssets , #CryptoInnovation , #Web3
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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.â
Hong Kong lawmaker Wu Jiezhuang has proposed incorporating Bitcoin (BTC) into the cityâs fiscal reserves. He suggests leveraging the cityâs investment fund to purchase and hold Bitcoin for the long term. The goal of this initiative is to boost the development of Hong Kongâs cryptocurrency industry, attract global investments and talent, and increase transaction-related revenue.
Strategy for Bitcoin Reserves
Wu, a member of Hong Kongâs Legislative Council and the chair of the Web3 Virtual Asset Development Subcommittee, highlighted the potential strategic benefits of utilizing Bitcoin. He noted that the global market is increasingly adopting Bitcoin, with some countries and U.S. states already including it in their reserves as a hedge against inflation and excessive currency issuance.
Wu also referenced the U.S. under President Trump, which positioned Bitcoin as a strategic reserve asset. This decision boosted Bitcoinâs market value and challenged traditional assets. According to Wu, Hong Kong should capitalize on its unique "one country, two systems" framework to enhance financial security and diversify its reserves.
Risks and Potential Benefits
While Wu acknowledged Bitcoinâs volatility and cybersecurity risks, he argued that including BTC in fiscal reserves, even in a limited capacity, could yield positive outcomes. He emphasized Bitcoinâs growing adoption, the development of derivative markets, and its increasing integration into mainstream finance, which he believes could benefit Hong Kongâs economy and attract further investments.
Proposal for a Bitcoin-Based ETF
Wu also proposed creating a Bitcoin-based ETF to unlock the value of existing holdings. This move could make Hong Kong more appealing as a hub for cryptocurrencies and digital assets.
Conclusion
The proposal to integrate Bitcoin into Hong Kongâs fiscal reserves could be a pivotal step in advancing the regionâs cryptocurrency ecosystem. Despite the risks associated with BTCâs volatility, Wu believes its adoption could bring long-term benefits to Hong Kong.
#BTC , #HongKong , #DigitalAssets , #CryptoInnovation , #Web3
Stay one step ahead â follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.â
A significant proposal has emerged from Hong Kong, where legislator Wu Jie advocates for the inclusion of Bitcoin in the city's fiscal reserves. This move aims to enhance economic resilience and attract innovative businesses by leveraging Bitcoin's potential as a hedge against inflation and traditional assets. Wu emphasizes that strategic adoption could stabilize Bitcoin's value and reduce reliance on conventional reserves like gold. The proposal aligns with global trends, as other nations explore similar strategies for integrating cryptocurrencies into their financial frameworks.
#Bitcoin #HongKong #CryptoReserves #Innovation #EconomicStrategy
#Bitcoin #HongKong #CryptoReserves #Innovation #EconomicStrategy
Hong Kong Äá» Xuáș„t ÄÆ°a Bitcoin VĂ o Dá»± Trữ Quá»c Gia: CÆĄ Há»i Äá»t PhĂĄ Hay ThĂĄch Thức?
Hong Kong Äang cĂąn nháșŻc má»t bÆ°á»c Äi tĂĄo báșĄo: tĂch hợp $BTC vĂ o dá»± trữ tĂ i chĂnh quá»c gia. Äá» xuáș„t nĂ y khĂŽng chá» nháș±m thĂșc Äáș©y ngĂ nh cĂŽng nghiá»p tiá»n mĂŁ hĂła mĂ cĂČn táșĄo Äá»ng lá»±c thu hĂșt Äáș§u tÆ°, nhĂąn tĂ i, vĂ tÄng nguá»n thu thuáșż từ giao dá»ch tĂ i sáșŁn sá».
Bitcoin: TÆ°ÆĄng Lai Của Dá»± Trữ Quá»c Gia?
Theo ĂŽng Wu Jiezhong, Chủ tá»ch Ịy ban Web3 của Há»i Äá»ng Láșp phĂĄp Hong Kong, Ăœ tÆ°á»ng nĂ y khĂŽng má»i. CĂĄc quá»c gia nhÆ° #ElSalvador ÄĂŁ thĂ nh cĂŽng trong viá»c sá» dỄng Bitcoin lĂ m tiá»n tá» hợp phĂĄp vĂ tĂ i sáșŁn dá»± trữ. á» Hoa Kỳ, cĂĄc bang nhÆ° Ohio, Texas vĂ Pennsylvania cĆ©ng Äang xem xĂ©t chiáșżn lÆ°á»Łc tÆ°ÆĄng tá»±.
Ăng Wu nháș„n máșĄnh:
âHong Kong cáș§n táșn dỄng mĂŽ hĂŹnh Má»t quá»c gia, hai cháșż Äá» Äá» thá» nghiá»m Bitcoin nhÆ° má»t tĂ i sáșŁn dá»± trữ.â
Vá»i sá»± linh hoáșĄt trong quáșŁn lĂœ tĂ i chĂnh vĂ cĂĄc chĂnh sĂĄch khĂĄc biá»t so vá»i Trung Quá»c ÄáșĄi lỄc, #HongKong cĂł tiá»m nÄng trá» thĂ nh trung tĂąm tiĂȘn phong vá» tiá»n mĂŁ hĂła táșĄi chĂąu Ă.
Lợi Tháșż Chiáșżn LÆ°á»Łc Của Hong Kong
Hong Kong cĂł thá» ÄĂłng vai trĂČ cáș§u ná»i, táșn dỄng lợi tháșż của Bitcoin Äá»:
âą PhĂĄt triá»n cĂĄc sáșŁn pháș©m tĂ i chĂnh nhÆ° quá»č ETF crypto.
âą Há» trợ Trung Quá»c tá»i Æ°u hĂła kho dá»± trữ hÆĄn 194.000 BTC mĂ nÆ°á»c nĂ y Äang náșŻm giữ.
âą Giữ vững vá» tháșż lĂ trung tĂąm tiá»n mĂŁ hĂła hĂ ng Äáș§u khu vá»±c.
Theo ĂŽng Changpeng Zhao, cá»±u CEO Binance, Bitcoin ngĂ y cĂ ng ÄÆ°á»Łc cĂŽng nháșn lĂ cĂŽng cỄ báșŁo vá» lợi Ăch kinh táșż dĂ i háșĄn.
Những HáșĄn Cháșż Cáș§n CĂąn NháșŻc
DĂč tiá»m nÄng lĂ rĂ” rĂ ng, Bitcoin váș«n Äá»i máș·t vá»i nhiá»u thĂĄch thức:
1. TĂnh biáșżn Äá»ng cao: GiĂĄ trá» Bitcoin cĂł thá» thay Äá»i máșĄnh chá» trong vĂ i ngĂ y, táșĄo rủi ro cho cĂĄc quá»č dá»± trữ.
2. Quy mĂŽ vá»n hĂła nhá»: Vá»n hĂła thá» trÆ°á»ng của Bitcoin (~2.000 tá»· USD) váș«n cĂČn khiĂȘm tá»n so vá»i vĂ ng (~20.000 tá»· USD).
Tuy nhiĂȘn, ĂŽng Wu cho ráș±ng:
âVá»i nguá»n cung giá»i háșĄn á» mức 21 triá»u BTC, Bitcoin cĂł thá» trá» thĂ nh cĂŽng cỄ chá»ng láșĄm phĂĄt hiá»u quáșŁ, dáș§n thay tháșż má»t pháș§n vai trĂČ của vĂ ng vĂ báșĄc.â
HĂ nh Äá»ng Của Hong Kong Trong NÄm Qua
Hong Kong ÄĂŁ chứng minh sá»± ủng há» máșĄnh máșœ Äá»i vá»i ngĂ nh tiá»n mĂŁ hĂła thĂŽng qua:
âą GiáșŁm thuáșż vĂ cáș„p phĂ©p cho nhiá»u sĂ n giao dá»ch crypto.
âą Triá»n khai chÆ°ÆĄng trĂŹnh thá» nghiá»m quáșŁn lĂœ stablecoin.
âą Äá» xuáș„t tÄng Æ°u ÄĂŁi thuáșż cho cĂĄc quá»č tÆ° nhĂąn.
Káșżt Luáșn
Äá» xuáș„t ÄÆ°a Bitcoin vĂ o dá»± trữ quá»c gia cĂł thá» lĂ bÆ°á»c Äi chiáșżn lÆ°á»Łc giĂșp Hong Kong củng cá» vá» tháșż trong ngĂ nh cĂŽng nghiá»p tiá»n mĂŁ hĂła. Tuy cĂČn nhiá»u thĂĄch thức, nhÆ°ng vá»i táș§m nhĂŹn dĂ i háșĄn vĂ cÆĄ cháșż quáșŁn lĂœ linh hoáșĄt, Hong Kong hoĂ n toĂ n cĂł thá» táșn dỄng cÆĄ há»i nĂ y Äá» trá» thĂ nh trung tĂąm tĂ i chĂnh sá» hĂ ng Äáș§u tháșż giá»i.
Bitcoin: TÆ°ÆĄng Lai Của Dá»± Trữ Quá»c Gia?
Theo ĂŽng Wu Jiezhong, Chủ tá»ch Ịy ban Web3 của Há»i Äá»ng Láșp phĂĄp Hong Kong, Ăœ tÆ°á»ng nĂ y khĂŽng má»i. CĂĄc quá»c gia nhÆ° #ElSalvador ÄĂŁ thĂ nh cĂŽng trong viá»c sá» dỄng Bitcoin lĂ m tiá»n tá» hợp phĂĄp vĂ tĂ i sáșŁn dá»± trữ. á» Hoa Kỳ, cĂĄc bang nhÆ° Ohio, Texas vĂ Pennsylvania cĆ©ng Äang xem xĂ©t chiáșżn lÆ°á»Łc tÆ°ÆĄng tá»±.
Ăng Wu nháș„n máșĄnh:
âHong Kong cáș§n táșn dỄng mĂŽ hĂŹnh Má»t quá»c gia, hai cháșż Äá» Äá» thá» nghiá»m Bitcoin nhÆ° má»t tĂ i sáșŁn dá»± trữ.â
Vá»i sá»± linh hoáșĄt trong quáșŁn lĂœ tĂ i chĂnh vĂ cĂĄc chĂnh sĂĄch khĂĄc biá»t so vá»i Trung Quá»c ÄáșĄi lỄc, #HongKong cĂł tiá»m nÄng trá» thĂ nh trung tĂąm tiĂȘn phong vá» tiá»n mĂŁ hĂła táșĄi chĂąu Ă.
Lợi Tháșż Chiáșżn LÆ°á»Łc Của Hong Kong
Hong Kong cĂł thá» ÄĂłng vai trĂČ cáș§u ná»i, táșn dỄng lợi tháșż của Bitcoin Äá»:
âą PhĂĄt triá»n cĂĄc sáșŁn pháș©m tĂ i chĂnh nhÆ° quá»č ETF crypto.
âą Há» trợ Trung Quá»c tá»i Æ°u hĂła kho dá»± trữ hÆĄn 194.000 BTC mĂ nÆ°á»c nĂ y Äang náșŻm giữ.
âą Giữ vững vá» tháșż lĂ trung tĂąm tiá»n mĂŁ hĂła hĂ ng Äáș§u khu vá»±c.
Theo ĂŽng Changpeng Zhao, cá»±u CEO Binance, Bitcoin ngĂ y cĂ ng ÄÆ°á»Łc cĂŽng nháșn lĂ cĂŽng cỄ báșŁo vá» lợi Ăch kinh táșż dĂ i háșĄn.
Những HáșĄn Cháșż Cáș§n CĂąn NháșŻc
DĂč tiá»m nÄng lĂ rĂ” rĂ ng, Bitcoin váș«n Äá»i máș·t vá»i nhiá»u thĂĄch thức:
1. TĂnh biáșżn Äá»ng cao: GiĂĄ trá» Bitcoin cĂł thá» thay Äá»i máșĄnh chá» trong vĂ i ngĂ y, táșĄo rủi ro cho cĂĄc quá»č dá»± trữ.
2. Quy mĂŽ vá»n hĂła nhá»: Vá»n hĂła thá» trÆ°á»ng của Bitcoin (~2.000 tá»· USD) váș«n cĂČn khiĂȘm tá»n so vá»i vĂ ng (~20.000 tá»· USD).
Tuy nhiĂȘn, ĂŽng Wu cho ráș±ng:
âVá»i nguá»n cung giá»i háșĄn á» mức 21 triá»u BTC, Bitcoin cĂł thá» trá» thĂ nh cĂŽng cỄ chá»ng láșĄm phĂĄt hiá»u quáșŁ, dáș§n thay tháșż má»t pháș§n vai trĂČ của vĂ ng vĂ báșĄc.â
HĂ nh Äá»ng Của Hong Kong Trong NÄm Qua
Hong Kong ÄĂŁ chứng minh sá»± ủng há» máșĄnh máșœ Äá»i vá»i ngĂ nh tiá»n mĂŁ hĂła thĂŽng qua:
âą GiáșŁm thuáșż vĂ cáș„p phĂ©p cho nhiá»u sĂ n giao dá»ch crypto.
âą Triá»n khai chÆ°ÆĄng trĂŹnh thá» nghiá»m quáșŁn lĂœ stablecoin.
âą Äá» xuáș„t tÄng Æ°u ÄĂŁi thuáșż cho cĂĄc quá»č tÆ° nhĂąn.
Káșżt Luáșn
Äá» xuáș„t ÄÆ°a Bitcoin vĂ o dá»± trữ quá»c gia cĂł thá» lĂ bÆ°á»c Äi chiáșżn lÆ°á»Łc giĂșp Hong Kong củng cá» vá» tháșż trong ngĂ nh cĂŽng nghiá»p tiá»n mĂŁ hĂła. Tuy cĂČn nhiá»u thĂĄch thức, nhÆ°ng vá»i táș§m nhĂŹn dĂ i háșĄn vĂ cÆĄ cháșż quáșŁn lĂœ linh hoáșĄt, Hong Kong hoĂ n toĂ n cĂł thá» táșn dỄng cÆĄ há»i nĂ y Äá» trá» thĂ nh trung tĂąm tĂ i chĂnh sá» hĂ ng Äáș§u tháșż giá»i.
ETF Crypto Hong Kong: Äiá»m NĂłng Äáș§u TÆ° NÄm 2025
Hong Kong, trung tĂąm tĂ i chĂnh hĂ ng Äáș§u chĂąu Ă, Äang trĂȘn ÄĂ trá» thĂ nh má»t Äiá»m nĂłng má»i cho thá» trÆ°á»ng crypto toĂ n cáș§u, Äáș·c biá»t lĂ cĂĄc quá»č ETF crypto. Sau những bÆ°á»c khá»i Äáș§u Äáș§y tiá»m nÄng vĂ o nÄm 2024, cĂĄc chuyĂȘn gia dá»± ÄoĂĄn ráș±ng nÄm 2025 sáșœ lĂ giai ÄoáșĄn bĂčng ná» máșĄnh máșœ cho cĂĄc quá»č ETF $BTC vĂ Ethereum táșĄi Äáș·c khu nĂ y.
Cá»t má»c khá»i Äáș§u vĂ thĂĄch thức
ThĂĄng 4/2024, Hong Kong ghi dáș„u áș„n khi trá» thĂ nh khu vá»±c Äáș§u tiĂȘn táșĄi chĂąu Ă niĂȘm yáșżt 6 quá»č ETF crypto spot cho Bitcoin vĂ $ETH . ÄĂąy lĂ bÆ°á»c Äi tiĂȘn phong, má» ra cÆĄ há»i cho nhĂ Äáș§u tÆ° khu vá»±c tiáșżp cáșn vá»i tĂ i sáșŁn sá» thĂŽng qua má»t kĂȘnh Äáș§u tÆ° an toĂ n vĂ minh báșĄch.
Tuy nhiĂȘn, tá»ng tĂ i sáșŁn cĂĄc quá»č ETF crypto táșĄi Hong Kong tĂnh Äáșżn cuá»i nÄm 2024 váș«n cĂČn khĂĄ khiĂȘm tá»n:
âą Bitcoin ETF: 403 triá»u USD.
âą Ethereum ETF: 64,22 triá»u USD.
Trong khi ÄĂł, táșĄi Má»č, cĂĄc quá»č ETF crypto láșĄi ghi nháșn dĂČng vá»n áș„n tÆ°á»Łng, vá»i tá»ng tĂ i sáșŁn:
âą Bitcoin ETF: 107,5 tá»· USD (chiáșżm 5,08% vá»n hĂła thá» trÆ°á»ng Bitcoin).
âą Ethereum ETF: 12,05 tá»· USD.
Sá»± chĂȘnh lá»ch nĂ y pháșŁn ĂĄnh những thĂĄch thức mĂ Hong Kong Äang Äá»i máș·t, từ há» thá»ng tĂ i chĂnh phức táșĄp Äáșżn sá»± thiáșżu hỄt cĂĄc tá» chức váșn hĂ nh ETF chuyĂȘn nghiá»p.
Äá»ng lá»±c bứt phĂĄ cho nÄm 2025
DĂč Äá»i máș·t nhiá»u khĂł khÄn, cĂĄc chuyĂȘn gia nháșn Äá»nh ráș±ng cĂĄc quá»č ETF crypto táșĄi Hong Kong sáșœ cĂł bÆ°á»c tiáșżn lá»n vĂ o nÄm 2025 nhá» ba yáșżu tá» chĂnh:
1. TĂąm lĂœ tĂch cá»±c trĂȘn thá» trÆ°á»ng crypto toĂ n cáș§u
Vá»i láșp trÆ°á»ng thĂąn thiá»n vá»i tiá»n mĂŁ hĂła từ chĂnh quyá»n Má»č sau khi Tá»ng thá»ng Donald Trump tĂĄi ÄáșŻc cá», thá» trÆ°á»ng crypto ÄĂŁ chứng kiáșżn sá»± tÄng trÆ°á»ng máșĄnh máșœ. Niá»m tin nĂ y lan tá»a Äáșżn Hong Kong, củng cá» kỳ vá»ng vá» má»t tÆ°ÆĄng lai sĂĄng cho cĂĄc quá»č ETF crypto táșĄi ÄĂąy.
2. ChĂnh sĂĄch há» trợ từ chĂnh quyá»n Hong Kong
Hong Kong Äang ná» lá»±c thĂșc Äáș©y ngĂ nh cĂŽng nghiá»p blockchain vĂ crypto thĂŽng qua cĂĄc biá»n phĂĄp há» trợ thiáșżt thá»±c nhÆ°:
âą GiáșŁm thuáșż crypto.
âą Cáș„p phĂ©p thĂȘm cho cĂĄc sĂ n giao dá»ch.
âą Khuyáșżn khĂch Äáș§u tÆ° tÆ° nhĂąn vĂ quá»č gia ÄĂŹnh thĂŽng qua Æ°u ÄĂŁi thuáșż.
3. TÄng trÆ°á»ng giao dá»ch vĂ dĂČng vá»n
VĂ o ngĂ y 6/12/2024, cĂĄc quá»č ETF crypto táșĄi #HongKong ghi nháșn khá»i lÆ°á»Łng giao dá»ch ká»· lỄc 58 triá»u USD. DĂČng vá»n inflow tiáșżp tỄc duy trĂŹ á»n Äá»nh, thá» hiá»n sá»± quan tĂąm ngĂ y cĂ ng lá»n từ cĂĄc nhĂ Äáș§u tÆ° tá» chức vĂ cĂĄ nhĂąn.
ChĂnh phủ Hong Kong vĂ sá»± Äá»i má»i
KhĂŽng chá» dừng láșĄi á» viá»c cáșŁi thiá»n mĂŽi trÆ°á»ng Äáș§u tÆ°, Hong Kong cĂČn Äang xĂąy dá»±ng cĂĄc khung phĂĄp lĂœ thá» nghiá»m, hÆ°á»ng Äáșżn cáș„p phĂ©p cho cĂĄc nhĂ phĂĄt hĂ nh stablecoin vĂ thĂșc Äáș©y quáșŁn lĂœ tĂ i sáșŁn ká»č thuáșt sá» má»t cĂĄch minh báșĄch hÆĄn. Những bÆ°á»c Äi nĂ y sáșœ táșĄo ná»n mĂłng vững cháșŻc cho sá»± phĂĄt triá»n bá»n vững của thá» trÆ°á»ng crypto táșĄi khu vá»±c.
Káșżt luáșn
NÄm 2025 hứa háșčn lĂ thá»i Äiá»m bĂčng ná» cho cĂĄc quá»č ETF crypto táșĄi Hong Kong, khi thá» trÆ°á»ng ÄÆ°á»Łc há» trợ bá»i những Äá»ng lá»±c kinh táșż vÄ© mĂŽ, chĂnh sĂĄch cá»i má» vĂ niá»m tin máșĄnh máșœ từ nhĂ Äáș§u tÆ°. Vá»i chiáșżn lÆ°á»Łc phĂĄt triá»n rĂ” rĂ ng vĂ sá»± há» trợ tĂch cá»±c từ chĂnh quyá»n, Hong Kong Äang từng bÆ°á»c kháșłng Äá»nh vá» tháșż của mĂŹnh lĂ má»t trung tĂąm Äáș§u tÆ° crypto hĂ ng Äáș§u chĂąu Ă.
NhĂ Äáș§u tÆ° cĂł thá» xem ÄĂąy lĂ má»t cÆĄ há»i lá»n Äá» tham gia vĂ o thá» trÆ°á»ng nĂ y, nhÆ°ng cáș§n cĂąn nháșŻc ká»č cĂĄc rủi ro vĂ tiá»m nÄng trÆ°á»c khi ra quyáșżt Äá»nh.
Cá»t má»c khá»i Äáș§u vĂ thĂĄch thức
ThĂĄng 4/2024, Hong Kong ghi dáș„u áș„n khi trá» thĂ nh khu vá»±c Äáș§u tiĂȘn táșĄi chĂąu Ă niĂȘm yáșżt 6 quá»č ETF crypto spot cho Bitcoin vĂ $ETH . ÄĂąy lĂ bÆ°á»c Äi tiĂȘn phong, má» ra cÆĄ há»i cho nhĂ Äáș§u tÆ° khu vá»±c tiáșżp cáșn vá»i tĂ i sáșŁn sá» thĂŽng qua má»t kĂȘnh Äáș§u tÆ° an toĂ n vĂ minh báșĄch.
Tuy nhiĂȘn, tá»ng tĂ i sáșŁn cĂĄc quá»č ETF crypto táșĄi Hong Kong tĂnh Äáșżn cuá»i nÄm 2024 váș«n cĂČn khĂĄ khiĂȘm tá»n:
âą Bitcoin ETF: 403 triá»u USD.
âą Ethereum ETF: 64,22 triá»u USD.
Trong khi ÄĂł, táșĄi Má»č, cĂĄc quá»č ETF crypto láșĄi ghi nháșn dĂČng vá»n áș„n tÆ°á»Łng, vá»i tá»ng tĂ i sáșŁn:
âą Bitcoin ETF: 107,5 tá»· USD (chiáșżm 5,08% vá»n hĂła thá» trÆ°á»ng Bitcoin).
âą Ethereum ETF: 12,05 tá»· USD.
Sá»± chĂȘnh lá»ch nĂ y pháșŁn ĂĄnh những thĂĄch thức mĂ Hong Kong Äang Äá»i máș·t, từ há» thá»ng tĂ i chĂnh phức táșĄp Äáșżn sá»± thiáșżu hỄt cĂĄc tá» chức váșn hĂ nh ETF chuyĂȘn nghiá»p.
Äá»ng lá»±c bứt phĂĄ cho nÄm 2025
DĂč Äá»i máș·t nhiá»u khĂł khÄn, cĂĄc chuyĂȘn gia nháșn Äá»nh ráș±ng cĂĄc quá»č ETF crypto táșĄi Hong Kong sáșœ cĂł bÆ°á»c tiáșżn lá»n vĂ o nÄm 2025 nhá» ba yáșżu tá» chĂnh:
1. TĂąm lĂœ tĂch cá»±c trĂȘn thá» trÆ°á»ng crypto toĂ n cáș§u
Vá»i láșp trÆ°á»ng thĂąn thiá»n vá»i tiá»n mĂŁ hĂła từ chĂnh quyá»n Má»č sau khi Tá»ng thá»ng Donald Trump tĂĄi ÄáșŻc cá», thá» trÆ°á»ng crypto ÄĂŁ chứng kiáșżn sá»± tÄng trÆ°á»ng máșĄnh máșœ. Niá»m tin nĂ y lan tá»a Äáșżn Hong Kong, củng cá» kỳ vá»ng vá» má»t tÆ°ÆĄng lai sĂĄng cho cĂĄc quá»č ETF crypto táșĄi ÄĂąy.
2. ChĂnh sĂĄch há» trợ từ chĂnh quyá»n Hong Kong
Hong Kong Äang ná» lá»±c thĂșc Äáș©y ngĂ nh cĂŽng nghiá»p blockchain vĂ crypto thĂŽng qua cĂĄc biá»n phĂĄp há» trợ thiáșżt thá»±c nhÆ°:
âą GiáșŁm thuáșż crypto.
âą Cáș„p phĂ©p thĂȘm cho cĂĄc sĂ n giao dá»ch.
âą Khuyáșżn khĂch Äáș§u tÆ° tÆ° nhĂąn vĂ quá»č gia ÄĂŹnh thĂŽng qua Æ°u ÄĂŁi thuáșż.
3. TÄng trÆ°á»ng giao dá»ch vĂ dĂČng vá»n
VĂ o ngĂ y 6/12/2024, cĂĄc quá»č ETF crypto táșĄi #HongKong ghi nháșn khá»i lÆ°á»Łng giao dá»ch ká»· lỄc 58 triá»u USD. DĂČng vá»n inflow tiáșżp tỄc duy trĂŹ á»n Äá»nh, thá» hiá»n sá»± quan tĂąm ngĂ y cĂ ng lá»n từ cĂĄc nhĂ Äáș§u tÆ° tá» chức vĂ cĂĄ nhĂąn.
ChĂnh phủ Hong Kong vĂ sá»± Äá»i má»i
KhĂŽng chá» dừng láșĄi á» viá»c cáșŁi thiá»n mĂŽi trÆ°á»ng Äáș§u tÆ°, Hong Kong cĂČn Äang xĂąy dá»±ng cĂĄc khung phĂĄp lĂœ thá» nghiá»m, hÆ°á»ng Äáșżn cáș„p phĂ©p cho cĂĄc nhĂ phĂĄt hĂ nh stablecoin vĂ thĂșc Äáș©y quáșŁn lĂœ tĂ i sáșŁn ká»č thuáșt sá» má»t cĂĄch minh báșĄch hÆĄn. Những bÆ°á»c Äi nĂ y sáșœ táșĄo ná»n mĂłng vững cháșŻc cho sá»± phĂĄt triá»n bá»n vững của thá» trÆ°á»ng crypto táșĄi khu vá»±c.
Káșżt luáșn
NÄm 2025 hứa háșčn lĂ thá»i Äiá»m bĂčng ná» cho cĂĄc quá»č ETF crypto táșĄi Hong Kong, khi thá» trÆ°á»ng ÄÆ°á»Łc há» trợ bá»i những Äá»ng lá»±c kinh táșż vÄ© mĂŽ, chĂnh sĂĄch cá»i má» vĂ niá»m tin máșĄnh máșœ từ nhĂ Äáș§u tÆ°. Vá»i chiáșżn lÆ°á»Łc phĂĄt triá»n rĂ” rĂ ng vĂ sá»± há» trợ tĂch cá»±c từ chĂnh quyá»n, Hong Kong Äang từng bÆ°á»c kháșłng Äá»nh vá» tháșż của mĂŹnh lĂ má»t trung tĂąm Äáș§u tÆ° crypto hĂ ng Äáș§u chĂąu Ă.
NhĂ Äáș§u tÆ° cĂł thá» xem ÄĂąy lĂ má»t cÆĄ há»i lá»n Äá» tham gia vĂ o thá» trÆ°á»ng nĂ y, nhÆ°ng cáș§n cĂąn nháșŻc ká»č cĂĄc rủi ro vĂ tiá»m nÄng trÆ°á»c khi ra quyáșżt Äá»nh.
Singapore Leads Asia's Crypto Hub Race Over Hong Kong
Singapore outperformed Hong Kong in âregulatory efficiency and appealâ to crypto businesses in 2024, according to Bloomberg.
The city-state awarded 13 crypto licenses this year, more than twice the amount in 2023. OKX, Upbit, Anchorage, BitGo, and GSR received regulatory permission, underscoring Singapore's rising appeal to digital asset companies.
Hong Kong's licensing framework has made âslower progressâ with just seven fully approved platforms and numerous more with interim authorization.
Hong Kong Accelerates Crypto Licensing: 4 New Exchanges Approved
Regulation Differences Make Region Competitive
Industry observers blame Hong Kong's regulatory limitations for its tardiness. They said the city's strict token listing, delisting, and custody restrictions make it hard for exchanges to make a profit.
TRM Labs senior policy advisor Angela Ang said:
Hong Kong's exchange regulations are stricter in areas like client asset custody and token listing and delisting. This may have favored Singapore.â
Different Crypto Innovation Strategies
Singapore's balanced regulatory system encourages new entrants and incumbent financial institutions to collaborate.
Project Guardian and Global Layer 1, supported by the Monetary Authority of Singapore, seek to speed asset tokenization and blockchain use in wholesale financial markets, Bloomberg said.
Singapore has become a solid regional headquarters for digital asset firms due to these initiatives.
Despite the sale of HK$6 billion ($770 million) in tokenized green bonds and the debut of Bitcoin and Ethereum spot ETFs, acceptance has been sluggish in Hong Kong.
These Hong Kong ETFs have $500 million in assets under management, compared to $120 billion in the US.
#Singapore #HongKong #MarketRebound #BTCNextMove $BTC $ETH $XRP
Singapore outperformed Hong Kong in âregulatory efficiency and appealâ to crypto businesses in 2024, according to Bloomberg.
The city-state awarded 13 crypto licenses this year, more than twice the amount in 2023. OKX, Upbit, Anchorage, BitGo, and GSR received regulatory permission, underscoring Singapore's rising appeal to digital asset companies.
Hong Kong's licensing framework has made âslower progressâ with just seven fully approved platforms and numerous more with interim authorization.
Hong Kong Accelerates Crypto Licensing: 4 New Exchanges Approved
Regulation Differences Make Region Competitive
Industry observers blame Hong Kong's regulatory limitations for its tardiness. They said the city's strict token listing, delisting, and custody restrictions make it hard for exchanges to make a profit.
TRM Labs senior policy advisor Angela Ang said:
Hong Kong's exchange regulations are stricter in areas like client asset custody and token listing and delisting. This may have favored Singapore.â
Different Crypto Innovation Strategies
Singapore's balanced regulatory system encourages new entrants and incumbent financial institutions to collaborate.
Project Guardian and Global Layer 1, supported by the Monetary Authority of Singapore, seek to speed asset tokenization and blockchain use in wholesale financial markets, Bloomberg said.
Singapore has become a solid regional headquarters for digital asset firms due to these initiatives.
Despite the sale of HK$6 billion ($770 million) in tokenized green bonds and the debut of Bitcoin and Ethereum spot ETFs, acceptance has been sluggish in Hong Kong.
These Hong Kong ETFs have $500 million in assets under management, compared to $120 billion in the US.
#Singapore #HongKong #MarketRebound #BTCNextMove $BTC $ETH $XRP
Hong Kong Expands Crypto Exchange Approvals
Hong Kong is making bold strides to establish itself as a global cryptocurrency hub. The Securities and Futures Commission recently approved four more cryptocurrency exchanges, increasing the total number of regulated platforms in the region to seven.
Key Highlights:
New Approvals: 4 additional exchanges.
Total Regulated Exchanges: 7 in Hong Kong.
Why It Matters? This move positions Hong Kong as a leading destination for digital asset trading.
Hong Kongâs proactive approach is a promising sign for the future of crypto adoption and regulation worldwide.
#HongKong #CryptoExchanges #DigitalAssets #Write2Earn!
Hong Kong is making bold strides to establish itself as a global cryptocurrency hub. The Securities and Futures Commission recently approved four more cryptocurrency exchanges, increasing the total number of regulated platforms in the region to seven.
Key Highlights:
New Approvals: 4 additional exchanges.
Total Regulated Exchanges: 7 in Hong Kong.
Why It Matters? This move positions Hong Kong as a leading destination for digital asset trading.
Hong Kongâs proactive approach is a promising sign for the future of crypto adoption and regulation worldwide.
#HongKong #CryptoExchanges #DigitalAssets #Write2Earn!
đ ĐĄĐžĐœĐłĐ°ĐżŃŃ vs ĐĐŸĐœĐșĐŸĐœĐł: ĐșŃОпŃĐŸ-Ń
аб баŃŃĐ»!
Đ 2024 ĐłĐŸĐŽŃ ĐĄĐžĐœĐłĐ°ĐżŃŃ ŃĐœĐŸĐČĐ° ĐŽĐŸĐșĐ°Đ·Đ°Đ», ŃŃĐŸ ĐŸĐœ ĐœĐ° ŃĐ°Đł ĐČпДŃДЎО ĐČ ĐłĐŸĐœĐșĐ” Đ·Đ° ĐșŃОпŃĐŸĐČĐ°Đ»ŃŃĐœĐŸĐ” лОЎДŃŃŃĐČĐŸ đ. 13 лОŃĐ”ĐœĐ·ĐžĐč Đ·Đ° ĐłĐŸĐŽ â Đž ĐșŃŃĐżĐœŃĐ” ĐșĐŸĐŒĐżĐ°ĐœĐžĐž ŃжД ЎДлаŃŃ ĐČŃĐ±ĐŸŃ ĐČ ĐżĐŸĐ»ŃĐ·Ń "азОаŃŃĐșĐŸĐłĐŸ ŃОгŃĐ°"! đ
ĐąĐ”ĐŒ ĐČŃĐ”ĐŒĐ”ĐœĐ”ĐŒ, ĐĐŸĐœĐșĐŸĐœĐł ĐČŃĐŽĐ°Đ» ŃĐŸĐ»ŃĐșĐŸ 7 лОŃĐ”ĐœĐ·ĐžĐč đ Đž ŃжДŃŃĐŸŃОл ĐżŃĐ°ĐČОла ŃĐŸŃĐłĐŸĐČлО ĐșŃОпŃĐŸĐČĐ°Đ»ŃŃĐ°ĐŒĐž. ĐŃĐŸ ŃĐČĐœĐŸ ĐŸŃĐżŃгОĐČĐ°Đ”Ń ĐŒĐœĐŸĐłĐžŃ ĐžĐłŃĐŸĐșĐŸĐČ, ĐșĐŸŃĐŸŃŃĐ” ĐžŃŃŃ Đ±ĐŸĐ»Đ”Đ” гОбĐșОД ŃŃĐ»ĐŸĐČĐžŃ.
đĄ ĐĐŸŃĐ”ĐŒŃ ĐĄĐžĐœĐłĐ°ĐżŃŃ ĐČŃОгŃŃĐČĐ°Đ”Ń?
ĐŃĐžĐČлДĐșĐ°ŃДлŃĐœŃĐ” ŃŃĐ»ĐŸĐČĐžŃ ĐŽĐ»Ń Đ±ĐžĐ·ĐœĐ”ŃĐ° đŒ
ĐŃĐŸŃŃĐ°Ń Đž ĐżĐŸĐœŃŃĐœĐ°Ń ŃДгŃĐ»ŃŃĐžŃ âïž
ĐĐŸĐŽĐŽĐ”ŃжĐșĐ° ĐșŃŃĐżĐœŃŃ ĐžĐłŃĐŸĐșĐŸĐČ ĐșŃОпŃĐŸĐžĐœĐŽŃŃŃŃОО đ
đ„ ĐĐŸĐżŃĐŸŃ Đș ĐČĐ°ĐŒ: ŃĐŒĐŸĐłŃŃ Đ»Đž ŃŃŃĐŸĐłĐžĐ” ĐżŃĐ°ĐČОла ĐĐŸĐœĐșĐŸĐœĐłĐ° ŃĐŽĐ”ŃжаŃŃ ŃŃĐ°ŃŃŃ ĐșŃОпŃĐŸ-Ń Đ°Đ±Đ° ОлО ĐĄĐžĐœĐłĐ°ĐżŃŃ ŃжД ŃŃĐ°Đ» ĐœĐ”ĐŽĐŸŃŃĐłĐ°Đ”ĐŒŃĐŒ? ĐДлОŃĐ”ŃŃ ĐŒŃŃĐ»ŃĐŒĐž! đŹ
#CryptoHub
#Singapore
#HongKong
#CryptoRegulation
#Cryptocurrency
Đ 2024 ĐłĐŸĐŽŃ ĐĄĐžĐœĐłĐ°ĐżŃŃ ŃĐœĐŸĐČĐ° ĐŽĐŸĐșĐ°Đ·Đ°Đ», ŃŃĐŸ ĐŸĐœ ĐœĐ° ŃĐ°Đł ĐČпДŃДЎО ĐČ ĐłĐŸĐœĐșĐ” Đ·Đ° ĐșŃОпŃĐŸĐČĐ°Đ»ŃŃĐœĐŸĐ” лОЎДŃŃŃĐČĐŸ đ. 13 лОŃĐ”ĐœĐ·ĐžĐč Đ·Đ° ĐłĐŸĐŽ â Đž ĐșŃŃĐżĐœŃĐ” ĐșĐŸĐŒĐżĐ°ĐœĐžĐž ŃжД ЎДлаŃŃ ĐČŃĐ±ĐŸŃ ĐČ ĐżĐŸĐ»ŃĐ·Ń "азОаŃŃĐșĐŸĐłĐŸ ŃОгŃĐ°"! đ
ĐąĐ”ĐŒ ĐČŃĐ”ĐŒĐ”ĐœĐ”ĐŒ, ĐĐŸĐœĐșĐŸĐœĐł ĐČŃĐŽĐ°Đ» ŃĐŸĐ»ŃĐșĐŸ 7 лОŃĐ”ĐœĐ·ĐžĐč đ Đž ŃжДŃŃĐŸŃОл ĐżŃĐ°ĐČОла ŃĐŸŃĐłĐŸĐČлО ĐșŃОпŃĐŸĐČĐ°Đ»ŃŃĐ°ĐŒĐž. ĐŃĐŸ ŃĐČĐœĐŸ ĐŸŃĐżŃгОĐČĐ°Đ”Ń ĐŒĐœĐŸĐłĐžŃ ĐžĐłŃĐŸĐșĐŸĐČ, ĐșĐŸŃĐŸŃŃĐ” ĐžŃŃŃ Đ±ĐŸĐ»Đ”Đ” гОбĐșОД ŃŃĐ»ĐŸĐČĐžŃ.
đĄ ĐĐŸŃĐ”ĐŒŃ ĐĄĐžĐœĐłĐ°ĐżŃŃ ĐČŃОгŃŃĐČĐ°Đ”Ń?
ĐŃĐžĐČлДĐșĐ°ŃДлŃĐœŃĐ” ŃŃĐ»ĐŸĐČĐžŃ ĐŽĐ»Ń Đ±ĐžĐ·ĐœĐ”ŃĐ° đŒ
ĐŃĐŸŃŃĐ°Ń Đž ĐżĐŸĐœŃŃĐœĐ°Ń ŃДгŃĐ»ŃŃĐžŃ âïž
ĐĐŸĐŽĐŽĐ”ŃжĐșĐ° ĐșŃŃĐżĐœŃŃ ĐžĐłŃĐŸĐșĐŸĐČ ĐșŃОпŃĐŸĐžĐœĐŽŃŃŃŃОО đ
đ„ ĐĐŸĐżŃĐŸŃ Đș ĐČĐ°ĐŒ: ŃĐŒĐŸĐłŃŃ Đ»Đž ŃŃŃĐŸĐłĐžĐ” ĐżŃĐ°ĐČОла ĐĐŸĐœĐșĐŸĐœĐłĐ° ŃĐŽĐ”ŃжаŃŃ ŃŃĐ°ŃŃŃ ĐșŃОпŃĐŸ-Ń Đ°Đ±Đ° ОлО ĐĄĐžĐœĐłĐ°ĐżŃŃ ŃжД ŃŃĐ°Đ» ĐœĐ”ĐŽĐŸŃŃĐłĐ°Đ”ĐŒŃĐŒ? ĐДлОŃĐ”ŃŃ ĐŒŃŃĐ»ŃĐŒĐž! đŹ
#CryptoHub
#Singapore
#HongKong
#CryptoRegulation
#Cryptocurrency
đ”đ” get đđđđ rewards đđTđ 9$ đđđżđ/PEPE đŸđđđ đđđđŒđđż đđđđ đđ đđđ đđđđđđż đđđđđđ°đ°đ
đ„ BITCOIN ETF HONG KONG! BTC IS DUMPING !!!
We all hoped that the Hong Kong Spot Bitcoin ETF would have a #Bullish effect on the market...
It did not!
Sometimes, the whales and big guys are a few steps ahead. That's why we should never get excited and all-knowing, and that's why I warned you in my last post, too.
I hope you didn't play with leverage and set the stop loss.
Let's see what happens next.
I talked with some Frenz in Hong Kong, and they said that everything is positive and it's going to be a long-term play.
Stay Safe Frenz
@Professor Mende - Founder of BONUZ Project - in Dubai UAE
$BTC
#bitcoin  #etf  #btc  #hongkong
đ„ BITCOIN ETF HONG KONG! BTC IS DUMPING !!!
We all hoped that the Hong Kong Spot Bitcoin ETF would have a #Bullish effect on the market...
It did not!
Sometimes, the whales and big guys are a few steps ahead. That's why we should never get excited and all-knowing, and that's why I warned you in my last post, too.
I hope you didn't play with leverage and set the stop loss.
Let's see what happens next.
I talked with some Frenz in Hong Kong, and they said that everything is positive and it's going to be a long-term play.
Stay Safe Frenz
@Professor Mende - Founder of BONUZ Project - in Dubai UAE
$BTC
#bitcoin  #etf  #btc  #hongkong
Do you believe the $BTC and $ETH ETFâs in HONG KONG will have a positive or negative effect on the market?
Share your thoughts!
#BullorBear #btc #EthereumPower #ETFâ #hongkong
Share your thoughts!
#BullorBear #btc #EthereumPower #ETFâ #hongkong
đ Hong Kong poised to approve spot ETFs for both Bitcoin and Ethereum as soon as Monday - writes Bloomberg! This is a great news for us, as this ETF can open doors to huge capital!
Moreover, look at the main HK index chart. Local stocks have been dumping for years! Instead, #BTC shows an up-only chart in terms of years.
đ€ So which chart Hong Kong investors will buy: up only chart or down only? I think the answer is obvious.
#bitcoin #Binance #hongkong
Moreover, look at the main HK index chart. Local stocks have been dumping for years! Instead, #BTC shows an up-only chart in terms of years.
đ€ So which chart Hong Kong investors will buy: up only chart or down only? I think the answer is obvious.
#bitcoin #Binance #hongkong
đšHong Kong's Bold Move: Ethereum ETFs with Staking Features on the Horizon! đ ïžđč
According to Yat Siu, Chairman of blockchain giant Animoca Brands, this approval is nearly certain and could happen within a year. This move could give Hong Kong a significant edge over the US, where the SEC has yet to support such features. đ
In January, the US SEC approved multiple Bitcoin spot ETFs, prompting the Hong Kong Securities and Futures Commission to follow suit in April with six Bitcoin and Ethereum spot ETFs. However, their performance has lagged behind their US counterparts, with trading volumes in Hong Kong reaching only HKD 87.58 million on the first dayâless than 1% of the US's USD 4.6 billion. đđ
Yet, there's hope. Ethereum spot ETF issuers in Hong Kong are actively working to integrate staking, potentially boosting the market. đĄđ Livio Weng, CEO of HashKey, stated they have a plan to generate more returns without adding risk, aiming to implement it in a compliant manner. Glenn Woo from Blockdaemon echoed this sentiment, noting positive discussions with issuers and custodians about launching staking services for ETFs. đ€đ§
This innovation could bridge the gap between Hong Kong and the US markets. đ Data from The Block reveals that Hong Kong's Bitcoin spot ETFs had a trading volume of USD 10.28 million from Tuesday to Thursday this week, while the US hit USD 1.42 billion on Thursday alone. Yat Siu believes staking rewards could attract more funds to Hong Kong, making their ETFs more competitive. đȘđž
With industry consensus and efforts underway, staking might be the key to revitalizing Hong Kong's cryptocurrency ETF market. Stay tuned for more updates on this exciting development! đąâš
#ETF #hongkong #binance #btc #ethereum
$BTC $ETH $ADA
According to Yat Siu, Chairman of blockchain giant Animoca Brands, this approval is nearly certain and could happen within a year. This move could give Hong Kong a significant edge over the US, where the SEC has yet to support such features. đ
In January, the US SEC approved multiple Bitcoin spot ETFs, prompting the Hong Kong Securities and Futures Commission to follow suit in April with six Bitcoin and Ethereum spot ETFs. However, their performance has lagged behind their US counterparts, with trading volumes in Hong Kong reaching only HKD 87.58 million on the first dayâless than 1% of the US's USD 4.6 billion. đđ
Yet, there's hope. Ethereum spot ETF issuers in Hong Kong are actively working to integrate staking, potentially boosting the market. đĄđ Livio Weng, CEO of HashKey, stated they have a plan to generate more returns without adding risk, aiming to implement it in a compliant manner. Glenn Woo from Blockdaemon echoed this sentiment, noting positive discussions with issuers and custodians about launching staking services for ETFs. đ€đ§
This innovation could bridge the gap between Hong Kong and the US markets. đ Data from The Block reveals that Hong Kong's Bitcoin spot ETFs had a trading volume of USD 10.28 million from Tuesday to Thursday this week, while the US hit USD 1.42 billion on Thursday alone. Yat Siu believes staking rewards could attract more funds to Hong Kong, making their ETFs more competitive. đȘđž
With industry consensus and efforts underway, staking might be the key to revitalizing Hong Kong's cryptocurrency ETF market. Stay tuned for more updates on this exciting development! đąâš
#ETF #hongkong #binance #btc #ethereum
$BTC $ETH $ADA
đ Hong Kong BÆ°á»c LĂȘn TĂ u ETF Tiá»n MĂŁ HĂła!
Hong Kong Äang táșĄo sĂłng trong tháșż giá»i tĂ i chĂnh báș±ng cĂĄch cháș„p nháșn cĂĄc quá»č ETF tiá»n mĂŁ hĂła, ÄĂĄnh dáș„u bÆ°á»c tiáșżn quan trá»ng hÆ°á»ng tá»i sá»± hĂČa nháșp tĂ i chĂnh chĂnh thá»ng. Vá»i những lá»i Äi má»i má» ra nĂ y, nhĂ Äáș§u tÆ° cĂł cÆĄ há»i Äa dáșĄng hĂła vĂ củng cá» danh mỄc Äáș§u tÆ° của mĂŹnh vá»i cĂĄc tĂ i sáșŁn ká»č thuáșt sá».
#hongkong #ETF #INDIKAY $ETH
Hong Kong Äang táșĄo sĂłng trong tháșż giá»i tĂ i chĂnh báș±ng cĂĄch cháș„p nháșn cĂĄc quá»č ETF tiá»n mĂŁ hĂła, ÄĂĄnh dáș„u bÆ°á»c tiáșżn quan trá»ng hÆ°á»ng tá»i sá»± hĂČa nháșp tĂ i chĂnh chĂnh thá»ng. Vá»i những lá»i Äi má»i má» ra nĂ y, nhĂ Äáș§u tÆ° cĂł cÆĄ há»i Äa dáșĄng hĂła vĂ củng cá» danh mỄc Äáș§u tÆ° của mĂŹnh vá»i cĂĄc tĂ i sáșŁn ká»č thuáșt sá».
#hongkong #ETF #INDIKAY $ETH
HongKong ÄÆ°a ra quy Äá»nh háșĄn cĂĄc cháșż nhĂ Äáș§u tÆ° mua stablecoin
ChĂnh quyá»n #hongkong má»i ÄĂąy ÄĂŁÂ ÄÆ°a ra má»t quy Äá»nh Äá» háșĄn cháșż cĂĄc nhĂ Äáș§u tÆ° mua stablecoin. CỄc tĂ i chĂnh vĂ kho báșĄc (FSTB) vĂ cÆĄ quan tiá»n tá» (HKMA) yĂȘu cáș§u giáș„y phĂ©p HKMA.
Äá» cĂł ÄÆ°á»Łc giáș„y phĂ©p, cĂĄc cĂŽng ty pháșŁi há» trợ Äáș§y Äủ táș„t cáșŁ cĂĄc #stablecoin Äang lÆ°u hĂ nh. CĂĄc cĂŽng ty cĆ©ng sáșœ pháșŁi cĂŽng bá» thĂŽng tin vĂ bĂĄo cĂĄo thÆ°á»ng xuyĂȘn. Há» cĆ©ng sáșœ cáș§n má» vÄn phĂČng táșĄi HongKong vĂ cĂł Äá»i ngĆ© nhĂąn sá»±.
Tuy nhiĂȘn, nhĂ phĂĄt hĂ nh stablecoin theo thuáșt toĂĄn sáșœ khĂŽng ÄÆ°á»Łc xin giáș„y phĂ©p.
âViá»c thá»±c thi cĂĄc thá»a thuáșn vĂ phĂĄp luáșt cĂł thá» quáșŁn lĂœ hợp lĂœ cĂĄc rủi ro thá»±c táșż. ChĂșng liĂȘn quan Äáșżn viá»c phĂĄt triá»n stablecoin á» HongKong vĂ phĂč hợp vá»i cĂĄc tiĂȘu chuáș©n quá»c táșż.â Hui Ching, giĂĄm Äá»c cỄc tĂ i chĂnh.
Những Äá»ng thĂĄi trÆ°á»c ÄĂł
VĂ o thĂĄng 5, CÆĄ quan Chứng khoĂĄn vĂ TÆ°ÆĄng lai HongKong (SFC) ÄĂŁ quyáșżt Äá»nh cho phĂ©p cĂĄc nhĂ Äáș§u tÆ° bĂĄn láș» giao dá»ch tiá»n Äiá»n tá» má»t cĂĄch chĂnh thức. SFC sáșœ cho phĂ©p cĂĄc nhĂ Äáș§u tÆ° bĂĄn láș» bĂĄn #bitcoin (BTC) vĂ Ether (ETH), máș·c dĂč pháșŁi tuĂąn theo cĂĄc biá»n phĂĄp báșŁo máșt nghiĂȘm ngáș·t. Tiá»n Äiá»n tá» pháșŁi khĂŽng cĂł âsá»± cá» xáș„uâ trong 12 thĂĄng Äá»i vá»i giao dá»ch bĂĄn láș». NgoĂ i ra, tiá»n Äiá»n tá» pháșŁi ÄÆ°á»Łc ÄÆ°a vĂ o Ăt nháș„t hai chá» sá».
NgoĂ i ra, vĂ o thĂĄng 12, SFC ÄĂŁ cĂŽng bá»Â sáș”n sĂ ng cháș„p nháșn ÄÆĄn ÄÄng kĂœ triá»n khai cĂĄc quá»č ETF tiá»n Äiá»n tá». TuyĂȘn bá» chung nháș„n máșĄnh ráș±ng cĂĄc cÆĄ quan ÄĂŁ xem xĂ©t cĂĄc quy táșŻc vĂ chĂnh sĂĄch hiá»n cĂł của há» liĂȘn quan Äáșżn cĂĄc cĂŽng ty vĂ tá» chức trung gian muá»n tham gia vĂ o tiá»n Äiá»n tá».
Äá» cĂł ÄÆ°á»Łc giáș„y phĂ©p, cĂĄc cĂŽng ty pháșŁi há» trợ Äáș§y Äủ táș„t cáșŁ cĂĄc #stablecoin Äang lÆ°u hĂ nh. CĂĄc cĂŽng ty cĆ©ng sáșœ pháșŁi cĂŽng bá» thĂŽng tin vĂ bĂĄo cĂĄo thÆ°á»ng xuyĂȘn. Há» cĆ©ng sáșœ cáș§n má» vÄn phĂČng táșĄi HongKong vĂ cĂł Äá»i ngĆ© nhĂąn sá»±.
Tuy nhiĂȘn, nhĂ phĂĄt hĂ nh stablecoin theo thuáșt toĂĄn sáșœ khĂŽng ÄÆ°á»Łc xin giáș„y phĂ©p.
âViá»c thá»±c thi cĂĄc thá»a thuáșn vĂ phĂĄp luáșt cĂł thá» quáșŁn lĂœ hợp lĂœ cĂĄc rủi ro thá»±c táșż. ChĂșng liĂȘn quan Äáșżn viá»c phĂĄt triá»n stablecoin á» HongKong vĂ phĂč hợp vá»i cĂĄc tiĂȘu chuáș©n quá»c táșż.â Hui Ching, giĂĄm Äá»c cỄc tĂ i chĂnh.
Những Äá»ng thĂĄi trÆ°á»c ÄĂł
VĂ o thĂĄng 5, CÆĄ quan Chứng khoĂĄn vĂ TÆ°ÆĄng lai HongKong (SFC) ÄĂŁ quyáșżt Äá»nh cho phĂ©p cĂĄc nhĂ Äáș§u tÆ° bĂĄn láș» giao dá»ch tiá»n Äiá»n tá» má»t cĂĄch chĂnh thức. SFC sáșœ cho phĂ©p cĂĄc nhĂ Äáș§u tÆ° bĂĄn láș» bĂĄn #bitcoin (BTC) vĂ Ether (ETH), máș·c dĂč pháșŁi tuĂąn theo cĂĄc biá»n phĂĄp báșŁo máșt nghiĂȘm ngáș·t. Tiá»n Äiá»n tá» pháșŁi khĂŽng cĂł âsá»± cá» xáș„uâ trong 12 thĂĄng Äá»i vá»i giao dá»ch bĂĄn láș». NgoĂ i ra, tiá»n Äiá»n tá» pháșŁi ÄÆ°á»Łc ÄÆ°a vĂ o Ăt nháș„t hai chá» sá».
NgoĂ i ra, vĂ o thĂĄng 12, SFC ÄĂŁ cĂŽng bá»Â sáș”n sĂ ng cháș„p nháșn ÄÆĄn ÄÄng kĂœ triá»n khai cĂĄc quá»č ETF tiá»n Äiá»n tá». TuyĂȘn bá» chung nháș„n máșĄnh ráș±ng cĂĄc cÆĄ quan ÄĂŁ xem xĂ©t cĂĄc quy táșŻc vĂ chĂnh sĂĄch hiá»n cĂł của há» liĂȘn quan Äáșżn cĂĄc cĂŽng ty vĂ tá» chức trung gian muá»n tham gia vĂ o tiá»n Äiá»n tá».
đđđ Asia's first spot bitcoin and ether #ETFs make lukewarm #hongkong debut
Six new spot bitcoin and ether exchange-traded funds (ETFs) debuted in Hong Kong, marking Asia's first introduction of such products. Despite moderate trading activity, the launch showed mixed results, with #BitcoinETFs from China AMC, Harvest, and Bosera recording gains, while ether ETFs experienced slight declines.
Hong Kong, aiming to maintain its status as a financial center, has positioned itself as a global digital asset hub despite mainland China's cryptocurrency ban.
The total turnover on debut day reached approximately $112 million, lower than the US debut but driven by significant pre-listing fund accumulation from both crypto and traditional investors. China AMC's bitcoin ETF started with the largest initial size of HK$950 million ($121 million).
While Christina Choi of the Securities and Futures Commission (SFC) emphasized the launch's significance, she also cautioned about the speculative nature of virtual assets.
This launch positions Hong Kong in competition with the US for crypto investors' attention. Hong Kong's ETFs employ an "in-kind" transaction mechanism, appealing to token owners seeking to avoid conversion costs.
Initial inflows into Hong Kong's crypto spot ETFs are expected from local retail investors due to cost considerations, with management fees ranging from 0.3% to 0.99%.
Bitcoin and ether have seen significant increases in value this year, with bitcoin reaching an all-time high in March and trading around $62,000 on Tuesday.
Source - finance.yahoo.com
#CryptoNewsđđ°đ« #BinanceSquareTalks
Six new spot bitcoin and ether exchange-traded funds (ETFs) debuted in Hong Kong, marking Asia's first introduction of such products. Despite moderate trading activity, the launch showed mixed results, with #BitcoinETFs from China AMC, Harvest, and Bosera recording gains, while ether ETFs experienced slight declines.
Hong Kong, aiming to maintain its status as a financial center, has positioned itself as a global digital asset hub despite mainland China's cryptocurrency ban.
The total turnover on debut day reached approximately $112 million, lower than the US debut but driven by significant pre-listing fund accumulation from both crypto and traditional investors. China AMC's bitcoin ETF started with the largest initial size of HK$950 million ($121 million).
While Christina Choi of the Securities and Futures Commission (SFC) emphasized the launch's significance, she also cautioned about the speculative nature of virtual assets.
This launch positions Hong Kong in competition with the US for crypto investors' attention. Hong Kong's ETFs employ an "in-kind" transaction mechanism, appealing to token owners seeking to avoid conversion costs.
Initial inflows into Hong Kong's crypto spot ETFs are expected from local retail investors due to cost considerations, with management fees ranging from 0.3% to 0.99%.
Bitcoin and ether have seen significant increases in value this year, with bitcoin reaching an all-time high in March and trading around $62,000 on Tuesday.
Source - finance.yahoo.com
#CryptoNewsđđ°đ« #BinanceSquareTalks
Hong Kong Approves First Bitcoin and Ethereum Spot ETFs
BTC was dumped from two consecutive days,Today on Monday Hong Kong's securities regulator approved the first spot bitcoin and ethereum exchange traded funds (ETFs), This is interesting as Asia becomes first to attempt the popular cryptocurrencies as a mainstream investment tool.On immediate bases BTC shows some strength đ
Low price More buying.More buying More volume.Approved ETFs leads to HODL.One point is very clear that on bigger time frames dumping can't marked ,it may be the dips for necessary corrections as halving is just a week away.Whatever the scenario dumping or pumping, make sure your leverage is far far away for future trades.
Main important,the Hong Kong unit of BAM and CAM revealed that they had received regulatory approval from the Hong Kong Securities and Futures Commission (SFC) to launch the ETFs. This is a positive sign to invest for investors But what to do as Friday to Sunday was seen having billions of liquidations for future traders most of middle investors became out of money.
Right now there is a confusion either dump is going to start or what?
In this situation today news of ETFs approval gave a cool breath to asses something positive.ETFs can't maintain a fixed price as gold but this is strong step towards future crypto money that is dreamt to be.
As concluded,Spot traders are still hopeful đ€ Future traders are looking into trades to get their money back.
#ETFs #hongkong
#leverage #BTC #ETH
Low price More buying.More buying More volume.Approved ETFs leads to HODL.One point is very clear that on bigger time frames dumping can't marked ,it may be the dips for necessary corrections as halving is just a week away.Whatever the scenario dumping or pumping, make sure your leverage is far far away for future trades.
Main important,the Hong Kong unit of BAM and CAM revealed that they had received regulatory approval from the Hong Kong Securities and Futures Commission (SFC) to launch the ETFs. This is a positive sign to invest for investors But what to do as Friday to Sunday was seen having billions of liquidations for future traders most of middle investors became out of money.
Right now there is a confusion either dump is going to start or what?
In this situation today news of ETFs approval gave a cool breath to asses something positive.ETFs can't maintain a fixed price as gold but this is strong step towards future crypto money that is dreamt to be.
As concluded,Spot traders are still hopeful đ€ Future traders are looking into trades to get their money back.
#ETFs #hongkong
#leverage #BTC #ETH
Ethiopia and Hong Kong Join Forces: Memorandum on Data Mining and AI
Ethiopia has entered into a significant partnership with a Hong Kong-based data center operator, paving the way for new opportunities in data mining and artificial intelligence (AI) development. Here are the key points of this strategic alliance.
Memorandum of Understanding: $250 Million Investment
Ethiopian Investment Holdings, a state-owned company, has signed a Memorandum of Understanding with Data Center Service, a subsidiary of the renowned Hong Kong-based West Data Group. This agreement, valued at $250 million, aims to establish modern infrastructure for data mining and AI training in Ethiopia.
Cryptocurrency Mining: A Controversial Issue
While the announcement does not directly mention cryptocurrency mining, reports suggest that this activity could be part of the joint effort. Bitcoin mining is a contentious topic in Ethiopia, especially given the recent launch of the Grand Ethiopian Renaissance Dam, which has altered electricity prices in the country.
Growing Interest in Cryptocurrencies in Ethiopia
Despite controversies, interest in cryptocurrencies is growing in Ethiopia. Reports indicate that several mining companies, mostly from China, are already operating there. Additionally, Ethiopia is striving to develop its cryptocurrency infrastructure and is collaborating with international partners, such as Input Output Hong Kong (IOHK), on blockchain technology innovations.
West Data Group: Innovative Fintech
West Data Group, powered by blockchain technology, is a key player in this partnership. With centers worldwide and a new focus on bitcoin and digital currency mining, it provides Ethiopia with new opportunities for technological development and economic diversification.
Conclusion
The partnership between Ethiopia and Hong Kong represents a significant step towards modernizing infrastructure and advancing technologies in Ethiopia. While questions regarding cryptocurrency mining remain open, it is clear that both parties are interested in joint development in the fields of data services and artificial intelligence.
#mining #crypto #hongkong
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.â
Memorandum of Understanding: $250 Million Investment
Ethiopian Investment Holdings, a state-owned company, has signed a Memorandum of Understanding with Data Center Service, a subsidiary of the renowned Hong Kong-based West Data Group. This agreement, valued at $250 million, aims to establish modern infrastructure for data mining and AI training in Ethiopia.
Cryptocurrency Mining: A Controversial Issue
While the announcement does not directly mention cryptocurrency mining, reports suggest that this activity could be part of the joint effort. Bitcoin mining is a contentious topic in Ethiopia, especially given the recent launch of the Grand Ethiopian Renaissance Dam, which has altered electricity prices in the country.
Growing Interest in Cryptocurrencies in Ethiopia
Despite controversies, interest in cryptocurrencies is growing in Ethiopia. Reports indicate that several mining companies, mostly from China, are already operating there. Additionally, Ethiopia is striving to develop its cryptocurrency infrastructure and is collaborating with international partners, such as Input Output Hong Kong (IOHK), on blockchain technology innovations.
West Data Group: Innovative Fintech
West Data Group, powered by blockchain technology, is a key player in this partnership. With centers worldwide and a new focus on bitcoin and digital currency mining, it provides Ethiopia with new opportunities for technological development and economic diversification.
Conclusion
The partnership between Ethiopia and Hong Kong represents a significant step towards modernizing infrastructure and advancing technologies in Ethiopia. While questions regarding cryptocurrency mining remain open, it is clear that both parties are interested in joint development in the fields of data services and artificial intelligence.
#mining #crypto #hongkong
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.â