Will China "unban" Bitcoin trading?
In an 84-minute podcast interview, Saylor claimed that the price of each Bitcoin will reach $10 million and that the whole of China will support Bitcoin.
He emphasized the impact of Bitcoin's application in China, saying: "When Shanghai will ask banks to launch Bitcoin spot ETFs and provide custody services, it will provide Bitcoin services to 1.5 billion people in China."
Although it is still uncertain whether China will make this shift, Hong Kong has already launched a Bitcoin spot ETF.
For Saylor, the increasing popularity of Bitcoin in China will drive up the price of Bitcoin.
CoinTelegraph reported that Saylor directly stated that he believes that the Chinese people and government will accept Bitcoin.
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Hong Kong Investment Funds Association: There are more and more investment options, including virtual asset ETFs
The Hong Kong Investment Funds Association and KPMG jointly released a report "Vision 2030: The Future of Hong Kong's Fund Management Industry", which emphasized the diversification of Hong Kong's investments, that is, opening up more asset classes to retail investors, especially the growing interest in alternative assets. Virtual assets continue to attract investor interest, with a growing number of investment options available, including virtual asset ETFs. Recent regulatory developments have helped Hong Kong become more competitive and a top choice for fund managers looking to invest in emerging asset classes.
