Justin Sun of Huobi says it is “100% confident” that the company will be granted Hong Kong’s virtual asset service provider license.

Bitcoin is back around the $28,000 mark, but liquidity across crypto markets is at a 10-month low. That’s happening as firms that buy and sell digital tokens lose access to dollar payment systems. Annabelle Droulers reports on where these firms may find a source of support. She speaks Bloomberg Television.
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��Essential Videos��

Crypto Bull Market Countries �� https://youtu.be/ForHcl28YSA
FATF Crypto Recommendations �� https://youtu.be/nFSOfkalDK4
BRICS Currency Coming Soon �� https://youtu.be/7IeqSwoTUJU
CBDC Development Updates �� https://youtu.be/-yPcZ_vuFgo

~~~~~

⛓️ �� Useful Links �� ⛓️

► Hong Kong Bans Retail Crypto Trading: https://www.scmp.com/business/banking-finance/article/3108240/hong-kong-plans-ban-retail-trading-digital-currencies-and
► Hong Kong Retail Crypto Regulations: https://www.bloomberg.com/news/articles/2023-05-23/hong-kong-to-step-up-push-for-crypto-hub-in-contrast-with-clampdowns-in-asia
► Hong Kong Retail Cryptos For Trading: https://twitter.com/WuBlockchain/status/1660940152016113665?s=20
► Bitzlato Targeted by DOJ, Based in Hong Kong: https://www.coindesk.com/policy/2023/01/18/us-disrupts-bizlato-crypto-exchange-arrests-founder/
► China Testing Crypto In Hong Kong: https://decrypt.co/142032/new-crypto-rules-suggest-hong-kong-is-testing-ground-china-say-experts

~~~~~

– TIMESTAMPS –
0:00 Intro
0:36 Hong Kong Crypto Adoption
4:12 Retail Crypto Regulations
8:09 Which Cryptos Could Benefit?
11:57 The Bearish Scenario
15:29 The Bullish Scenario
19:56 Outro

~~~~~

�� Disclaimer ��

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Bitcoin #Crypto #hongkong

Hong Kong is gearing up to become Asia’s crypto capital and restore its former glory as the financial hub of Asia. But after the horrific year that 2022 has been for cryptocurrency, including the collapse of Hong Kong-founded FTX, the exodus of finance talent during COVID, and the uncertainty of the new National Security Law, it’s looking to be a tough road ahead.

How does Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui, intend to get there? And how will Hong Kong protect the uninitiated from the volatility of trading cryptocurrency, now that everyone and anyone can trade it? Hear from him on In Conversation.

For more In Conversation: https://www.youtube.com/playlist?list=PLkMf14VQEvTaBvHQdzyeJKHvUz9TPIEll

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