The Hong Kong Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 is being amended for approval. It has a richer regulatory interpretation of cryptocurrencies. The industry expects it to come to fruition next year. But the effects are already evident: a large number of crypto advertisements that used to be on the streets of Hong Kong have disappeared without a trace. non-compliant exchanges such as FTX BITMEX, which used to use Hong Kong as their headquarters, have now moved out. OSL、 Hashkey、Huobi and others have applied or are in the process of applying for relevant licenses.