Hong Kong Faces Crypto ETF Challenges
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In Hong Kong, the introduction and establishment of cryptocurrency ETFs are encountering significant hurdles. The market remains heavily dominated by traditional financial products, making it difficult for crypto ETFs to gain traction. Gary Tiu, Executive Director at OSL, pointed out the absence of sufficient incentives for ETFs in the Hong Kong financial landscape, which further compounds the adoption issues.
Source: en.bitcoinhaber.net ↗
