HashKey Exchange CEO Weng Xiaoqi: The market should pay attention to the clearing of non-compliance risks, the U.S. interest rate cuts, and the Bitcoin halving in the future

ChainCatcher live report, the 2024 Hong Kong Web3 Carnival opened today at the Hong Kong Convention and Exhibition Centre. HashKey Group COO and HashKey Exchange CEO Ong Siu Ki shared insights on global regulatory dynamics and the current state of crypto compliance in Hong Kong during his keynote speech in the afternoon. He also proposed six follow-up market highlights:

1. Market pressure from the clearing of non-compliance risks

2. Timing and magnitude of US dollar interest rate cuts (election year)

3. Short-term impact of Bitcoin halving and reduction of net selling pressure in the medium to long term

4. Approval of Hong Kong spot ETFs bringing in Asian capital

5. ETH spot ETF: US vs Hong Kong

6. Popular DApps driving an application revolution

In addition, Ong Siu Ki revealed that on April 8, HashKey Exchange will announce significant updates, presenting a brand new service approach for Web3 users.