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Will crypto regulatory compliance pressure heat up?
The Hong Kong Securities and Futures Commission welcomes Hong Kong platforms’ expansion of domestic government bonds as margin collateral. At the heart of this news is Futu’s virtual asset financing service. Virtual asset financing services will affect the entrance of compliant securities firms, the way funds are used, and competition in the Hong Kong market. Do you think it will have a real impact, or is it more of a short-term sentiment?
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