China May Allow Regulated Crypto Access Through Hong Kong
- China bans crypto trading but supports blockchain technology.
- Hong Kong offers regulated crypto markets, creating a potential loophole.
- China’s QDII program allows investment in U.S. ETFs using RMB.
- Mainland investors can trade Hong Kong stocks via Shanghai-Hong Kong and Shenzhen-Hong Kong Connects.
- Yifan He suggests a system where Chinese investors can access crypto without moving money outside China.
China’s regulatory framework may allow mainland investors to access cryptocurrencies through Hong Kong, similar to existing stock trading systems, without direct ownership or cross-border capital flow.
Source (2.6)https://www.coindesk.com/business/2025/02/27/here-s-how-mainland-china-allows-chinese-traders-access-to-btc?rand=52298
