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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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The Hong Kong government has announced it is moving forward with plans to make licensing local crypto exchanges mandatory. The move will allow crypto trading to be done only by professional investors. To be a qualified investor, one must hold at least $1 million in their portfolio. This requirement will exclude a massive portion of crypto investors operating in Hong Kong.
The Hong Kong government has announced it is moving forward with plans to make licensing local crypto exchanges mandatory. The move will allow crypto trading to be done only by professional investors. To be a qualified investor, one must hold at least $1 million in their portfolio. This requirement will exclude a massive portion of crypto investors operating in Hong Kong.
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