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Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
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[The Board Of Directors Of LQR House, A US Listed Company, Approved The Purchase Of $1 Million In Bitcoin As A Reserve Asset] According To Accesswire, LQR House Inc. (NASDAQ: LQR), A US Listed Company, Announced Today That Its Board Of Directors Has Approved The Purchase Of $1 Million Worth Of Bitcoin As Part Of Its Fund Management Strategy. In Addition, The Company Will Now Accept Cryptocurrency Payments On CWSpirits.com, Giving Customers The Flexibility To Use Digital Currencies To Purchase Alcoholic Beverages. As Part Of The Plan, LQR House Has Adopted A Policy To Retain Up To $10 Million In Crypto Payments As Bitcoin, Reflecting The Company's Confidence In The Long-term Potential And Value Of Digital Assets. The Press Release Stated That While Bitcoin Will Now Be Included In LQR House's Diversification Strategy, The Company Remains Firmly Committed To Its Core Business. It Is Reported That LQR House Is A Niche E-commerce Platform Focusing On The Spirits And Beverage Industry
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