Hong Kong intensifies its efforts to establish itself as a crypto hub
Join Our Telegram channel to stay up to date on breaking news coverage While digital-asset firms and authorities dispute elsewhere in Asia, Hong Kong is about to declare that individual investors can trade crypto currency under its new rulebook for the sector, pushing up effort s to build a center. In a previous article, we reported that Hong Kong’s Securities and Futures Commission (SFC) CEO, Julia Leung, stated that the final guidelines for crypto exchanges planning to operate in Hong Kong will be released in May. Now, at a conference on Tuesday, the city’s Securities and Futures Commission is expected to go into more detail about the findings of a consultation on retail participation. The organization is anticipated to remain with its intention to start allowing private investors to trade larger tokens like Bitcoin and Ether next month with the necessary safeguards. In an effort to regain its position as a cutting-edge financial hub, Hong Kong will introduce a ...