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Source: <a href="https://www.example.com" target="_blank">https://www.example.com</a> Informant: Hong Kong Regulatory Authority Shows Low Acceptance of "HK Stock Crypto Treasury" Direction
BlockBeats News, September 4th, according to Caixin report, Weng Xiaoqi, CEO of NewFire Technology, stated that Digital Asset Treasuries (DAT), cryptocurrency ETFs, and traditional cryptocurrency exchanges all essentially provide entry points for funds to enter cryptocurrency trading. Before the emergence of cryptocurrency ETFs, exchanges were mainstream, but now the medium for cryptocurrency trading is evolving towards a more lightweight approach, and currently DAT is the most lightweight way for traditional investors to enter the crypto world.
An anonymous senior digital asset investor told Caixin that although the Hong Kong stock exchange is also available, after communicating with the Hong Kong regulatory authorities, it was found that Hong Kong has a low level of acceptance for this direction, and market participants may still need to lobby local regulators.
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