I can't understand why we are both in China, but we can trade cryptocurrencies openly here, but not on the other side, just across the road? If virtual currencies are harmful, why don't we protect retail investors in Hong Kong?

HashKey Capital's No. 9 license has been approved by the Hong Kong Securities and Futures Commission to be upgraded, and it will be able to provide virtual asset fund products and services to retail investors

On April 11, according to official news, HashKey Capital, an institutional virtual asset management company in the blockchain industry, officially announced today that it has obtained an exemption from the Hong Kong Securities and Futures Commission (SFC) for HashKey Capital Limited's existing asset management (No. 9) license to qualify as an investor. As one of the first virtual asset management companies to receive such a license upgrade, HashKey Capital Limited will be able to provide retail investors with virtual asset-related fund products and services in the future (specific products are subject to final approval by the SFC).

On April 6, HashKey Capital announced a strategic partnership with Bosera International to promote innovation and promote industry growth. With the recent license upgrade, the cooperation is expected to pave the way for both parties to jointly research innovative fund products, including spot ETFs, and bring new investment opportunities to retail investors.