Post
Topic
Board Politics & Society
Re: Not like China: Hong Kong reportedly wants to legalize crypto trading
by
Techkoy407
on 10/11/2022, 23:35:54 UTC
Hong Kong is taking action to regain its status as a global cryptocurrency hub by launching several legal initiatives related to the crypto industry:
https://cointelegraph.com/news/not-like-china-hong-kong-reportedly-wants-to-legalize-crypto-trading
The territory of Hong Kong includes a group of small islands not far from mainland China.

Until 1997, Hong Kong was a British colony, which was then ceded to China.

Since then, Hong Kong and China have become one country with two systems.

Hong Kong or officially the Hong Kong Special Administrative Region, has its own government, flag and currency.

Source: compass

But even so, Hong Kong remains under Chinese rule, so there will definitely be opposition, from the Chinese government.