HKDG ≠ Digital Hong Kong Dollar, Why is it still regarded as the ‘backbone’ and pillar between fiat currency and virtual assets?”
<p>According to Bloomberg, Hong Kong is set to announce that retail investors can trade cryptocurrencies, such as BTC and ETH, based on its new industry regulations. It is expected that individual investors will be able to engage in trading with appropriate safeguards starting from June. This move signifies an important step by the Hong Kong government towards opening up cryptocurrency trading and embracing the Web3 innovation space. In addition, the launch of the “Digital Hong Kong Dollar” pilot program by the Hong Kong Monetary Authorityon (HKMA)May 18 has also garnered significant attention.</p>
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