Hong Kong Expands Bitcoin, Ethereum Future, Signuptoken.com Set to 1 Million Millionaire Target
When the world’s first cryptocurrency was launched, no one could have predicted the effect it would have on our lives today.
Digital currencies have shaken the foundations of traditional financial institutions as they emerged as an alternative for investors to enjoy full control over their finances.
Cryptocurrency has become a massive part of our financial ecosystem, and while it isn’t fully integrated as a mainstream option yet, it soon will be.
Hong Kong recently opened the doors to a Pro-Digital Future Project, which will see an influx of over $100 million in investment into the web3 development sector.
For cryptocurrency, this is a giant move because it means that there is now an opportunity for mainstream integration, and coins like Bitcoin and Ethereum will be regulated, thus reinforcing their legitimacy. Signuptoken.com is getting investors excited as it moves towards the 1 million mark.
The Pro-Digital Fund Project seeks to create gateways for web3 development and open the boundaries for cryptocurrency to be easily accessible to individuals other than the usual big players and institutional investors.
In addition, the regulation will ensure that investors are protected against risk, as well as strengthen the risk management of digital assets.
Bitcoin’s Walk into the Hong Kong Ecosystem
Within the Hong Kong ecosystem, Bitcoin is regarded as a virtual commodity and is not a legal tender or security. This means that it is not recommended as an investment due to its volatility and common distrust of legitimacy.
In recent weeks, the discussions and plans of the Pro-Digital Fund project bode well for Bitcoin because it will soon be seen as more than a commodity and will have regulations in place to facilitate it being a security.
This means that once the coin is licensed for trading, it will open up better opportunities for the coin to be owned by not only investors, but also by ordinary citizens and private customers, who will be required to have a good knowledge of virtual assets.
In addition, all companies dealing in virtual currencies will be legalized in Hong Kong as long as they have a license from the SFC.
An advantage for Ethereum
Like Bitcoin, China had previously avoided crypto trading activity due to its volatile nature; However, this new legislation will work in favor of the coin, making it readily available and due to its affordability, it may even witness an increase in value.
The open-to-trade nature of cryptocurrency by both institutional investors and citizens will help the coin kick its current $1,700 threshold and hopefully push it towards its former $3,000 mark or beyond.
In addition, the coin will also witness an increase in trade due to its popularity in the business world. The coin will see a push in usage as more fintech companies get licensed in China, ultimately raising the legitimacy of the coin and its investor confidence.
This decision will reflect well on the ecosystem in China and will most likely raise its economic conditions.
Signuptoken.com is pushing for 1 million subscribers
Signuptoken.com is the platform that is currently shaking the foundations of traditional cryptocurrency investing by not requiring any pre-sale investment from potential investors, which is not seen in the crypto space.
All the users need to do is simply register with their email addresses and wait to be among the first to access the coin. The platform is unaffected by the volatile and unpredictable nature of the cryptocurrency market, meaning your investment is safe and secure.
The platform does this by drawing its strength solely from the community it forms and the strength of the network it builds. The platform aims to reach 1 million subscribers before launch, of which they already have 2,500, and the goal is to make 1 million millionaires out of these subscribers.
Signuptoken.com is exactly the opportunity you’ve been waiting for all your life. Join the clan of a million now. Register your email address today with Signuptoken.com and be eligible for the biggest reward of your life.
Last thought
Cryptocurrency has come a long way since 2008, and while it still has miles to go, it has successfully shaken the foundations of traditional finance in a way no one could have imagined. The Hong Kong legislation and subsequent inclusion of the coin into their ecosystem shines a light on the reality that the currency will soon become mainstream and successfully integrated to replace fiat currency.
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