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Chinese companies seek crypto opportunities in Hong Kong

City is a test bed for Beijing's acceptance of crypto-related business

Lawyers and consultants say Chinese securities companies and banks are attracted by the possibility that Hong Kong will allow retail trading in bitcoins and Ethereum coins.   © AP

HONG KONG -- Hong Kong's campaign to become a regional cryptocurrency hub has attracted a steady stream of business executives from mainland China looking to explore opportunities in the sector despite Beijing's crackdown on virtual assets.

Lawyers and consultants say the interested parties have included Chinese securities companies and banks attracted by the possibility that retail trading in bitcoins and Ethereum coins will be allowed on the city's two licensed exchanges, HashKey and OSL.

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