Caixin: Reports say that Hong Kong's attitude towards the "Hong Kong Stock Cryptocurrency Vault" is not positive

ChainCatcher news, according to a report by Caixin on September 4, new fire technology CEO Weng Xiaoqi stated that DAT, cryptocurrency ETFs, and traditional virtual asset exchanges essentially provide an entry point for funds to enter the crypto market; before the emergence of ETFs, exchanges were more mainstream, and now trading mediums are trending towards "lightweight," with DAT seen as a relatively lightweight path for traditional investors to enter the crypto space.

Another anonymous senior digital asset investor told Caixin that although Hong Kong has opened up DAT, after communicating with local regulators, it was found that Hong Kong has a low acceptance of directions such as "Hong Kong stock crypto treasury," and the industry may still need to further communicate with regulators.