📢Good news! Hong Kong SAR Government Financial Services and Treasury Bureau Secretary Paul Hui recently said that as the cryptocurrency industry flourishes, regulators will review requirements for cryptocurrency-related activities as needed. 👀

🔍Paul Hui revealed that the Hong Kong Monetary Authority and the Securities and Futures Commission will "closely monitor market developments and review regulations on virtual asset-related activities where appropriate." This was his response when a legislator asked whether the review process for cryptocurrency licenses would be accelerated and the rules for intermediaries to distribute crypto assets would be relaxed.

💡This news undoubtedly brings new hope to the cryptocurrency industry and makes us look forward to the future of Bitcoin! 🚀🚀🚀