In May 2021, government proposals in Hong Kong put forward the idea that all exchanges operating in the region would have to be a licensed by the city’s market regulator. Moreover, only professional investors would be allowed to use them. This followed a lengthy consultation between markets and the Financial Services and Treasury Bureau.
In order to qualify as a ‘professional investor’, under Hong Kong law, you’ll need a portfolio of more than HK$8 million. These changes are set, at the time of writing, to go through in the legislative assembly’s 2021-22 session.
Of course, even after these changes go through, residents of Hong Kong will still be able to use foreign exchanges to invest in Bitcoin. You can find many of them available for comparison here on Cryptoradar.