An increasing number of Hong Kong-based cryptocurrency traders are reportedly turning to U.S.-based bitcoin futures. The shift away from domestic markets has been spurred by a perception that the American futures markets receive greater regulatory oversight than Hong Kong’s unregulated cryptocurrency exchanges.
Also Read: Bank of Thailand Bans Banks From Cryptocurrency Activities
Demand for Exposure to U.S. Bitcoin Futures Markets Surges Among Hong Kong Traders
The chairman of the Hong Kong Stockbrokers Association, Gary Cheung, told South China Morning Post that local futures brokers have reported an increase in trading activity on the American

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