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Nathaniel Whittemore (NLW) on Shifting Crypto Narratives

Galaxy Brains

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Cryptocurrency in Hong Kong: A Big Change From What It Was Seven Months Ago

It was expected that retail would not have a legal path to trade crypto at all in Hong Kong. A few weeks ago, we actually got them and there are basically there is a path for retail,. uh, for exchanges to offer services to retail. But then beyond that, once they are licensed, which by the way, no one has actually gotten the license quite yet,  they have a lot of latitude in determining processes to add new assets on. So the, the point being that this is a big, big shift from what people were signaling just seven months ago.

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