Today the ban on Hong Kong buying, selling and trading cryptocurrencies like Bitcoin has ended. But do not expect a rally on day one, or week one, or even month one. There is still a lot of red tape investors need to sift through, and as of today th…
Today the ban on Hong Kong buying, selling and trading cryptocurrencies like Bitcoin has ended. But do not expect a rally on day one, or week one, or even month one. There is still a lot of red tape investors need to sift through, and as of today there are no registered exchanges in Hong Kong. Give it time to settle in. After all, this is really a testing ground for China. If it goes well, China will likely reverse their ban on buying, selling and mining cryptocurrency. In the long run, this will be huge for the crypto market.
- TIMESTAMPS -
00:00 - Intro
00:36 - Hong Kong Crypto Adoption
04:12 - Retail Crypto Regulations
08:09 - Which Cryptos Could Benefit?
11:57 - The Bearish Scenario
15:29 - The Bullish Scenario
19:56 - Outro
⛓️ 🔗 Useful Links 🔗 ⛓️
► Hong Kong Bans Retail Crypto Trading: https://www.scmp.com/business/banking-finance/article/3108240/hong-kong-plans-ban-retail-trading-digital-currencies-and
► Hong Kong Retail Crypto Regulations: https://www.bloomberg.com/news/articles/2023-05-23/hong-kong-to-step-up-push-for-crypto-hub-in-contrast-with-clampdowns-in-asia
► Hong Kong Retail Cryptos For Trading: https://twitter.com/WuBlockchain/status/1660940152016113665
► Bitzlato Targeted by DOJ, Based in Hong Kong: https://www.coindesk.com/policy/2023/01/18/us-disrupts-bizlato-crypto-exchange-arrests-founder/
► China Testing Crypto In Hong Kong: https://decrypt.co/142032/new-crypto-rules-suggest-hong-kong-is-testing-ground-china-say-experts
📺Essential Videos📺
Crypto Bull Market Countries 👉 https://www.youtube.com/watch?v=ForHcl28YSA
FATF Crypto Recommendations 👉 https://www.youtube.com/watch?v=nFSOfkalDK4
BRICS Currency Coming Soon 👉 https://www.youtube.com/watch?v=7IeqSwoTUJU
CBDC Development Updates 👉 https://www.youtube.com/watch?v=-yPcZ_vuFgo
Original Video by Coin Bureau: https://www.youtube.com/watch?v=om6qeMH4bvk
🦁 www.MAGAlionHAT.com 🦁
-------------------------------------------------------------------------------------------------------
Enjoy the content I provide? Please help support this renegade channel with PayPal! 💰
PayPal: [email protected]
Or, if you like you can Buy Me A Coffee: https://www.buymeacoffee.com/MAGAlionHAT
Crypto wallet addresses below. If you have a type of Crypto you wish to donate that I don't have a wallet for, email me and I will create one! 🤑
It keeps me afloat while I'm working to produce informative and entertaining videos while finding and providing gems from other creators for you to enjoy! 🤗
Any donation would be GREATLY appreciated! Thank you and God Bless! 🙏
₿itcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j
₿itcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5
₿itcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC
Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV
Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS
Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773
Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e
VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b
