Can crypto-assets be promoted in Hong Kong?

There is no specific legislation governing the promotion of crypto-assets in Hong Kong. As mentioned in Q1 above, the regime governing the offering/marketing of financial products in Hong Kong will only be relevant if a crypto-asset qualifies as a security.

Is the crypto market due for a boost upward?

Despite this, there is still some hope in the crypto market as many analysts and well-known individuals have remarked that the market is due for a boost upward once the effects of this year’s incidents pass. After all, bitcoin and the crypto market do tend to bounce back, and this isn’t even the biggest decline the market has ever experienced.

How can you profit from the crypto boom?

When it comes to the crypto boom, there are a lot of ways you can profit. The most profitable coins will depend on how much time, money, and risk you are willing to invest. Bitcoin has been the most profitable coin for years now, but other coins like Ethereum or Ripple have seen significant growth in the past year.

Does Hong Kong allow retail investors to trade cryptocurrencies?

While Hong Kong’s mandatory licensing framework allows trading by retail investors, they are restricted to larger coins like Bitcoin and Ether that feature in at least two acceptable, investible indexes from independent providers, one with experience in the traditional financial sector.