Caixin.com: Sources say Hong Kong does not have high recognition of the direction of "Hong Kong stock crypto treasury"

According to Caixin.com, Weng Xiaoqi, CEO of Xinhuo Technology, said that DAT, cryptocurrency ETFs, and traditional virtual asset exchanges essentially provide an entrance for funds to enter cryptocurrency trading; before the emergence of cryptocurrency ETFs, exchanges were mainstream, but now the carriers of cryptocurrency trading are evolving towards a lightweight method. Currently, DAT is the lightest way for traditional investors to enter the crypto world. A senior digital asset investor who did not want to be named told Caixin that although Hong Kong stock DAT can also be used, it was found that Hong Kong's regulatory authorities did not have high recognition of this direction, and market participants may still need to lobby for local supervision.