Hong Kong Unveils Crypto Rulebook: Will Allow Retail Trading
Hong Kong has pivoted toward a friendlier regulatory regime in order to attract more crypto companies.
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BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Huobi revealed it is “actively preparing” to seek a license for its new Hong Kong cryptocurrency trading platform.
Hong Kong has pivoted toward a friendlier regulatory regime in order to attract more crypto companies.
Popular crypto exchanges OKX and Bitget already announced plans to apply for a license in Hong Kong.
New ruling aligns Hong Kong with other jurisdictions that deem crypto assets as property.
ZA Bank will also offer banking services, including online account opening, for registered digital asset startups in the city.
In response to the rumors of his arrest, Justin Sun simply tweeted “4”.
Hong Kong’s Financial Secretary Paul Chan has reiterated the city's crypto hub ambitions despite the recent fluctuations.
Hong Kong-based ProDigital Future Fund is planning to raise $100m in 2023 to invest in Web3 startups.
OKX said on Tuesday it would apply for VASP license to offer services in Hong Kong under the new regulatory regime.
The current crypto market rally seems to be caused by internal forces.
Hong Kong government plans to invest $6.4m to grow its Web3 ecosystem.
Hong Kong published a 361-page consultation document to ask the public for their feedback on the new regulatory regime.
Hong Kong becomes the world's first government to issue a tokenized green bond, securing $102m from the debut sale.