Hold onto your blockchain, folks! Reuters says Hong Kong’s about to throw a crypto party 🎉 with a side of derivatives and margin lending. Watch out, Asia, your financial hub’s about to get a digital facelift! 😎
The Securities and Futures Commission (SFC) – because who doesn’t love a good acronym? – is rolling out their crypto roadmap faster than you can say “Bitcoin bubble.” 🚀
Last year, Hong Kong said “Yes, please!” to Bitcoin and Ethereum ETFs, but let’s face it, they’ve been as exciting as watching paint dry. Zzzzz… 💤
In a move that says “We love rich people and their crypto,” Hong Kong’s letting the wealthy prove their worth with digital dough for a fancy visa. Cha-ching! 💸
The SFC’s also beefing up their team, because regulating crypto is no joke – it’s serious business, folks. Well, as serious as you can be in a world where digital monkeys cost a fortune. 🙉💰
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2025-02-19 12:02