When the world’s first cryptocurrency was launched, nobody could have anticipated the effect that it would have on our lives today.
Digital currencies have jolted the foundations of traditional financial institutions as they emerged as an option for investors to enjoy complete control over their finances.
Cryptocurrency has become a massive part of our financial ecosystem, and although not completely integrated as a mainstream option yet, it is soon to be.
Hong Kong recently opened its doors to a Pro-Digital Future Project, which will see an influx of over $100 million worth of investment poured into its web3 development sector.
For cryptocurrency, this is a giant move because it means that now, there is a possibility of mainstream integration, and coins like Bitcoin and Ethereum will be regulated, thereby reinforcing their legitimacy. Signuptoken.com gets investors excited as they inch toward their 1 million mark.
The Pro-Digital Fund Project seeks to create gateways for web3 development and open its borders to cryptocurrency being easily accessible by individuals other than the usual high rollers and institutional investors.
In addition, the regulation will ensure that investors are protected from risk, as well as enhance the risk management of digital assets.
Bitcoin’s Stroll 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 because of its volatility and common distrust of legitimacy.
In recent weeks, the discussions and plans about the Pro-Digital Fund project bode well for Bitcoin because it will soon be regarded as more than a commodity and will have regulations in place to facilitate it as being a security.
This means that once the coin is licensed for trading, it will open better opportunities for the coin to be owned by not just investors but also by regular citizens and retail customers, who will be required to have good knowledge of virtual assets.
In addition, all companies that trade in virtual currencies will be legalized in Hong Kong as long as they have a license from the SFC.
An Advantage For Ethereum
Similar to Bitcoin, China had previously shunned the activity of crypto trading because of its volatile nature; however, this new legislation will work in favor of the coin, making it easily accessible, and because of its affordability, it may even witness a rise in value.
The nature of cryptocurrency being open to trading by both institutional investors and citizens will help the coin kick its current $1,700 threshold and hopefully push it toward its previous $3,000 mark or beyond.
In addition, the coin will also witness a rise in trade because of its popularity in business. The coin will see a push in usage as more fintech companies become licensed in China, ultimately elevating the legitimacy of the coin and its trust with investors.
This decision will reflect well on the ecosystem of China and will most likely elevate its economic conditions.
Signuptoken.com Pushes for 1 Million Subscriber Mark
Signuptoken.com is the platform that is currently shaking the foundations of traditional cryptocurrency investing by not requiring any presale investment from potential investors, which is unseen in the crypto space.
All users need to use is simply sign up with their email addresses and wait to be among the first to have access to the coin. The platform is unaffected by the volatile and unpredictable nature of the cryptocurrency market, which means that your investment is safe and secure.
The platform does this by pulling 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 have 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.
Final Thought
Cryptocurrency has come a very long way since 2008, and although it still has miles to go, it has successfully shaken the foundations of traditional finance in a way nobody could have imagined. The Hong Kong legislation and the subsequent inclusion of the coin into their ecosystem shine a light on the reality of the currency becoming mainstream very soon and being successfully integrated to replace fiat currency possibly.
Visit the links below to join the clan of a million:
Website: https://www.signuptoken.com
Twitter: https://twitter.com/_SignUpToken_
Telegram: https://t.me/SignUpToken
