✅ Hong Kong plans to allow retail investors to trade large cryptocurrencies - Bloomberg

Retailers want to be allowed to trade crypto on licensed exchanges from June 1. Consultations on this issue will continue until March 31.

🌏 Meanwhile, more and more well-known cryptos are talking about Hong Kong and Asia as the center of the future growth of crypto.

1️⃣ “My working thesis is that the next bull cycle will start in the East,” wrote Gemini co-founder Cameron Winklevoss.

2️⃣ “America risks losing its status as a financial center in the long term due to the lack of clear rules for cryptocurrencies and hostile attitude from regulators. Cryptocurrency is open to everyone in the world, and other regions are starting to take the lead. EU, UK, and now Hong Kong,” wrote Coinbase CEO Brian Armstrong.

💡 The narrative of Hong Kong as the next source of the bull run was one of the first to be promoted by Arthur Hayes.