According to DL News, David Duong, director of institutional research at Coinbase, said that considering China's nationwide ban in 2021, the approval of retail investors on Hong Kong's cryptocurrency exchange is of great significance, but the improvement of regulatory conditions in Asia is unlikely to immediately lead to a large inflow of Asian funds . Foresight News previously reported that Hong Kong’s “Guidelines for Operators of Virtual Asset Trading Platforms” will come into effect on June 1. At the same time, the Hong Kong Securities Regulatory Commission stated that retail investors can buy and sell virtual assets on licensed trading platforms in the second half of the year at the earliest.