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Hong Kong Goes All-In on Crypto Derivatives—Wall Street’s Newest Casino Just Got Competition
Hong Kong Goes All-In on Crypto Derivatives—Wall Street’s Newest Casino Just Got Competition
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Asia's financial heavyweight throws open the gates to crypto derivatives trading, aiming to outflank Singapore and Dubai. Regulators greenlight complex instruments—just as retail traders forget the last market bloodbath.
The move signals Hong Kong's desperate play for relevance in the post-pandemic finance world. Because nothing says 'global hub' like leveraged bets on meme coins.
Watch out, traditional exchanges—the wild west of digital assets just got a fresh coat of regulatory paint. Whether that's lipstick on a pig or a legit transformation remains to be seen.
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