May, 2023

Bitcoin Over $27,000 Again

Bitcoin’s price can surge even higher and reach $27,000, giving new breath in the crypto market.


This is not a random fact. The Hong Kong SEC gave the green light for some activities regarding retail investing in cryptos.


After June 1st, retail investors will be able to perform trading activities through licensed platforms that are registered in the Hong Kong files. The conversation had started since February and now it’s the right time for the regulatory framework to be rolled out.


This policy is contradicted with the respective policy in China and this would be another point of conflict between the two parts.


The SEC has given licenses in 2 platforms, OSL and Hash Blockchain while more and more are expected will enter this list.