> Crypto here to stay, must be regulated: Hong Kong treasury chief / 33GJ7P2
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Crypto here to stay, must be regulated: Hong Kong treasury chief / 33GJ7P2
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Hong Kong has decided to let retail investors trade cryptocurrency under its new regulatory regime because "virtual assets are going to stay", the city's minister overseeing financial services says.
Cryptocurrencies have been banned in mainland China since 2021, but the former British colony, which has a separate financial system and regulators, has announced plans to become a major digital asset hub. IMAGES AND SOUNDBITES