CHINA: “NO CRYPTO FOR US, BUT HONG KONG CAN PLAY”
China bans crypto trading, but Hong Kong’s licensing regime is thriving under the watchful eye of the PBOC.
With 51 jurisdictions worldwide regulating or banning crypto, Beijing says it’s game on for Hong Kong’s HSBC-backed traders.
Crypto in China? Still illegal, unless you’re in a SAR with a license and a fat bank account.