đąGood news! Lu Tingkuang, co-founder and chief strategy officer of HKbitEX, recently said that Hong Kong's cryptocurrency licensing system is more convenient than places like Singapore and the United States. đ
According to Lu Tingkuang, Hong Kong's crypto asset license allows holders to provide trading services for cryptocurrencies and security tokens (STOs). đŒThis is undoubtedly a bold innovation that provides more possibilities for the development of the blockchain industry. đ
At the same time, Lu Tingkuang emphasized that regulators in other countries only provide licenses for one asset class, not for both asset classes at the same time. đFor example, he cited Coinbase, which is listed in the United States, whose license only allows trading of crypto assets. đ
This news undoubtedly has a positive impact on the development of cryptocurrencies such as Bitcoin. Let us look forward to more breakthroughs in the blockchain industry together! đȘ