Post
Topic
Board Bitcoin Discussion
Re: [INFO]Hong Kong's HSBC Allows Customers to Trade Bitcoin.
by
avp2306
on 27/06/2023, 07:46:18 UTC
I hope someday in this country where I am working will adopt cryptocurrency, specially in banking. I hope someday we are all accessible in trading/transfering of funds through crypto. Someday, banks will completely embrace the positivity of crypto.

Well it's a hope I'm willing to join you in on. This goes a long way for citizens in HK who are Bitcoin users as it has given a wide space for them to freely conduct their business with crypto considering how a lot has changed from 2021 where strict measures were placed against it, causing discomfort and hampering business growth for crypto elites.

I even read somewhere that the Hong Kong Monetary authority where pressuring major banks to accept crypto exchanges as clients. They have even gone as far as introducing their own crypto legislation. It looks like they aren't joking when they stated their desire to become a crypto hub in Asia.


This mean that they are open for changes and they let their citizens to decide what they want to use. And for allowing crypto usage and exchange running a business on their country this is a big slap for other who rejected it or been skeptical about allowing it to be use by their people.

I guess we can say good impact on crypto adoption on what Hongkong did since if they became successful to be a crypto hub on asia provably we can see other asian country to do the same.