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The Chinese government may allow qualified domestic institutional investors (QDII) projects to trade through Hong Kong's cryptoassets (Crypto Assets) ETF. QDII is a mechanism that allows Chinese individuals to buy and sell foreign stocks.
By using QDII, investors in mainland China can invest in cryptoassets without owning the original assets.
The blockchain and cryptoasset situation in China is complex. The government has a negative attitude towards cryptoassets, but a positive attitude towards blockchain. Trading is prohibited, but infrastructure development is advancing.
Currently, the cryptoassets market in Hong Kong is under regulatory supervision, but relevant individuals indicate that loopholes are emerging.
China has qualified domestic institutional investors (QDII: Qual#荣誉积分抽奖,赢MacBook Air和精美周边