<p><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-05/f3f543c5-b9b6-486d-ba74-12c828740f64.jpg"></p><p>Crypto developments in Hong Kong do not mean China has softened or will soften its approach to regulating Bitcoin.</p>