End of the Opt-In Era: Hong Kong’s Clampdown on Virtual Asset Trading Platforms
This report looks at the recently announced ban being proposed on the trading of cryptocurrencies and other virtual assets by retail investors in the city. Many exchanges are starting to re-evaluate their future strategy and operating model, including the implications of being licensed entities.
Benjamin Quinlan, Justin Chung, and Eashan Trehan
November 16, 2020
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