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TechFlow reports, citing Coindesk, that the Hong Kong Stock Exchange has confirmed cryptocurrency ETFs are not available to mainland Chinese investors. Due to their unique in-kind redemption mechanism, Hong Kong's cryptocurrency ETFs could offer a way to bypass capital controls in mainland China.
According to Coindesk, the Hong Kong Stock Exchange has confirmed that cryptocurrency ETFs are not available to mainland Chinese investors. Due to their unique in-kind redemption mechanism, Hong Kong's cryptocurrency ETFs could provide a means to bypass mainland China's capital controls.
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