Hold various meetings, policy consultations, various web3 conferences, exhibition demonstrations, and exchanges.
Then everyone was excited. They submitted their application documents one after another. Some people even spread rumors that inland China would release a signal of lifting the ban.
We have finished what we should do. Finally, everyone in Hong Kong must give up users in mainland China.
There is basically no need to look at Hong Kong at the moment, and I guess this is what the above means.
You expect that your ETF trading volume will be lower than that of local dog markets that day and you want others to give up mainland users. To be honest, even if there are no mainland users, you don't have to do your Hong Kong market.
Currently, 11 exchanges have passed the review. How much traffic can they get evenly? Can the daily traffic reach a million US dollars in trading volume? It is estimated that only two exchanges will remain in two years.
And it is possible that the second half of the year will not be a good time for our cryptocurrency circle. The above probably means that the policy will continue to be tightened.