Hong Kong could be key for China’s crypto comeback: Arthur Hayes
Arthur Hayes, former CEO of BitMEX crypto derivatives giant BitMEX believes that the next crypto bull market will begin when China returns to the market. Hong Kong plays a crucial role in this process.
In his Oct. 26 blog Post Hayes wrote “Comeback” to explain why he thinks that the Hong Kong government announced about introducing a Cryptography regulation bill This could be a sign China wants to ease back into the market. This could be because Hong Kong acts as “the proxy through which China interacts with the world.”