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Virtual asset market in Hong Kong remains optimistic despite recent withdrawals.
According to Odaily, despite recent withdrawals, the latest "assumed licensed" exchanges still inspire some optimism about the future of the virtual asset market in Hong Kong. Recently, Hong Kong Legislative Council member Qiu Dageng questioned the impact of currency withdrawals on Web3 development in Hong Kong. However, many industry insiders believe that the Securities and Futures Commission of Hong Kong prioritizes safety first.