To be a compliant market in the cryptocurrency industry, two conditions must be met: a large enough market and loose enough regulation. The United States and South Korea are the most satisfied, so Coinbase Kraken Upbit and others earn their fill. Currently, the market in Hong Kong is too small and the regulation is too strict. Doing any compliance business in Hong Kong in the short term will result in losses, so it is more suitable for large investors to plan ahead. Today, Ant Group has arrived. People are looking forward to opening up the mainland Chinese market and relaxing regulations in the future.