#ETH New regulations for virtual asset trading: Gate Hong Kong Dollar exchange real-name system, strict control on cash entry limit. According to reliable sources, the Hong Kong virtual asset market is welcoming new regulatory measures. A virtual asset exchange service point located in a bustling commercial area recently stated that for transactions exceeding HKD 10,000, customers must present identification documents. This policy mainly targets a large number of customers from the mainland, who can purchase USDT in cash here or exchange other digital currencies for Hong Kong dollars or USD. New trends in virtual asset trading. Hong Kong's open attitude towards cryptocurrency trading has attracted many mainland investors. However, since some stablecoins cannot be directly traded on licensed exchanges, investors need to use mainstream crypto assets like Bitcoin or Ethereum as intermediaries. In this situation, the diversified trading pairs and flexible exchange services offered by platforms like Gate become particularly important. Challenges of cross-border capital flow. For investors wishing to bring cash back to the mainland after completing virtual asset transactions in Hong Kong, it is also necessary to pay attention to customs regulations. Currently, the maximum limit for carrying RMB in and out of the country is 20,000 yuan per person per trip. If choosing to transfer funds through banks, detailed explanations of the source and purpose of the funds must be provided to ensure compliance with regulatory requirements. These measures reflect the regulators' efforts to promote the development of the virtual asset market while strengthening control over capital flow. Investors need to fully understand relevant policies when conducting cross-border virtual asset transactions and choose compliant and reliable platforms like Gate for operations to ensure the safety and legality of transactions. As the virtual asset market continues to develop, related regulatory policies are also being continuously improved. Investors should keep an eye on the latest policy changes and comply with relevant regulations during trading to avoid unnecessary risks.

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