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it's just a proxy doorway for china

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More info on this in a newsletter issue from Wu Blockchain:

More Details on Hong Kong's Issuance of Compliant Cryptocurrency Exchange Licenses
https://wublock.substack.com/p/more-details-on-hong-kongs-issuance

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The link for this post is using an archive for the article on Bloomberg's website. An archive has no paywall, no subscription requirement, and can be easier to read. The original article, on Bloomberg's website is:

Hong Kong Plans to Let Retail Sector Trade Larger Crypto Tokens Like Bitcoin
https://www.bloomberg.com/news/articles/2023-02-20/hong-kong-plans-to-let-retail-sector-trade-larger-crypto-tokens

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