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First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall Below $30K

A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs; altcoins surge and then drop.

Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr-Creative Commons)
Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr-Creative Commons)