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Title page 1
Contents 4
About the Author 5
Acronyms and Abbreviations 5
Executive Summary 6
Introduction 6
Regulatory Framework and Development of Digital Currency in Mainland China 7
Regulatory Framework and Development of Digital Currency in Hong Kong 10
Latest Developments in Hong Kong's Crypto-Assets Market 12
Lessons from Mainland China and Hong Kong 13
Conclusion 17
Works Cited 18
Tables 8
Table 1. Overlapping Timelines of the PBOC's E-CNY Pilot Program and Cryptocurrency Ban 8
