Hong Kong is striving to regulate the #العملات_المشفرة‬⁩ market and develop a clear legal framework to ensure the protection of#investorsand enhance confidence in this emerging sector

Hong Kong is considering launching a new licensing system for cryptocurrency trading companies outside #البورصة , which requires close cooperation between the Securities and#FuturesCommission and the Customs and Excise Department

These developments indicate that Hong Kong is taking serious steps to regulate the#cryptocurrencymarket, reflecting the growing interest in this sector at the global level

Potential effects that we see in the crypto world:

#Increased_Confidence: The new regulatory system may lead to increased confidence in the cryptocurrency market in Hong Kong, which will attract more investments

#Investor_Protection: The regulatory system contributes to protecting investors from fraud and illegal operations

#Sustainable_Growth: The regulatory system helps ensure the growth of the cryptocurrency market in a sustainable and safe manner

Open question: Will Hong Kong succeed in achieving its goal of becoming a global hub for cryptocurrencies while maintaining a high level Who is organizing?!