Will Hong Kong crypto exchanges reopen by 31 May 2024?

With the ongoing regulatory scrutiny and evolving landscape surrounding cryptocurrencies, the question of whether Hong Kong's crypto exchanges will reopen by 31 May 2024 remains a pressing concern. Given the recent clampdown on unauthorized trading platforms and the tightening of licensing requirements, there are many factors that could potentially influence this timeline. Will the regulatory framework be finalized by then? Will exchanges be able to obtain the necessary licenses in a timely manner? And most importantly, will market sentiment and investor confidence recover sufficiently to justify the reopening of these platforms? These are just some of the questions that need to be answered as we look towards the potential reopening of Hong Kong's crypto exchanges.