Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Hong Kong Legislative Council Member Wu Jiezhuang: Advocate for the "Digital Pass" to open a special channel to allow mainland investors to buy and s

Hong Kong Legislative Council Member Wu Jiezhuang: Advocate for the "Digital Pass" to open a special channel to allow mainland investors to buy and s

CointimeCointime2024/12/31 03:34
By:Cointime

 Wu Jiezhuang, Chairman of the Hong Kong Legislative Council, Web3 and the Virtual Asset Development Forum Committee, stated that the requirements for virtual asset trading platform licenses in Hong Kong are very high. Withdrawal of applications is mainly due to issues such as company finances, operational maturity, investment in technology, and whether the storage personnel are suitable. Regarding how Hong Kong's virtual asset market can serve the country's needs in the future, Wu Jiezhuang believes that it is possible to study the introduction of "digital channels," which allows mainland investors to buy and sell Hong Kong-approved digital assets, further enriching the connectivity between the mainland and Hong Kong, and also benefiting financial innovation and cultivating new productive forces.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Current SEC crypto lawsuits could be dropped, lawyer says

Haynes Boone partner Matthew Frankle thinks that we could see some crypto lawsuits dropped as Gary Gensler’s era ends

Blockworks2025/01/07 04:44