regulation or prohibition, in my opinion in this case is the same, it's just that they choose finer words so that news like this does not become a FUD, regulation alone has a considerable FUD impact, especially if they say "ban", because Hong Kong is wrong one place that has a number of investors and high enthusiasm for crypto
well, don't say a ban is a ban and regulation is an introduction to the legal framework of the state. So better regulation than prohibition.
Of course, when it comes to regulation that is actually developed for growth, lenient but straight to the point, then it is going to be a win-win situation for both the government as well as the users of cryptocurrency.
Regulation is a lot better than when we are talking about ban, at least, with regulation, we already know the stance of the government to the idea of the crypto space, and that would basically make more investors to find peace with investing in cryptocurrency without at least, getting the government breathing down their neck, which to me is pretty good for some high level of adoption in the long run.