Hong Kong could be key for China’s crypto comeback: Arthur Hayes

Cointelegraph

Published Oct 27, 2022 12:19AM ET

Updated Oct 27, 2022 02:00AM ET

Arthur Hayes, the former CEO of crypto derivatives giant BitMEX, believes the next crypto bull run will start when China moves back into the market, and Hong Kong has a vital part to play in this process.

In his Oct. 26 blog post titled "Comeback", Hayes outlined why he thinks the Hong Kong government's announcement about introducing a bill to regulate crypto is a sign China is trying to ease its way back into the market. This could be because Hong Kong acts as “the proxy through which China interacts with the world."

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