WHAT'S YOUR OPINION?
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Hey crypto fam, Hong Kong has lifted its ban on crypto trading and launched a new licensing regime for crypto exchanges. This is awesome for crypto, but the banks are still scared of crypto and don’t want to work with crypto exchanges and their customers. This creates a “chicken and egg” situation where exchanges need a license to get a bank account, but banks want to see a license before opening an account. This is bad for crypto. What do you think? Do you think the banks will change their mind and support crypto? Or do you think the regulators should make the banks cooperate with crypto exchanges? Let me know below! #HongKong #Crypto #Banks #Regulation #Trading