News needs to be connected to see the full picture. Why restrict state-owned enterprises from participating in crypto projects in Hong Kong? Because they have no choice but to ease monetary policy. Before easing, the leaks need to be sealed tight. By the time this round of easing ends and the higher-ups decide to embrace crypto again, The light boat will have already crossed ten thousand mountains. 'Our country welcomes all new technologies that directly enhance material production, but dislikes certain technologies that improve distribution relations, and opposes all technologies that deconstruct power.'