On-chain squeeze reappears: How can ordinary users safely participate in early asset transactions? | Bee Network
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In recent years, the scope of virtual assets has expanded rapidly around the world. Decentralized financial products have not only impacted the boundaries of the traditional financial system, but also challenged the existing financial regulatory framework. As we all know, virtual assets have two major characteristics: high price volatility and high leverage in transactions. This has posed a series of unprecedented regulatory challenges to both regulatory authorities and trading platforms: How to regulate cross-border capital flows? How to complete customer identity identification (KYC)? How to avoid systemic financial risks such as death spirals? … This series of question marks all express the fact that the regulation of virtual assets will inevitably become a comprehensive issue that requires cross-departmental and cross-national collaboration. The importance of Hong Kongs virtual asset regulatory policy…# Analysis# crypto# Exchange# Market# ToolPre
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