The first licenses in Hong Kong have been issued to crypto companies under a new regulatory regime, as the city continues its plans to become an international crypto hub. But vital hurdles remain.
The new rules took effect this year allowing retail investors to trade crypto on exchanges licensed by the Securities and Futures Commission (SFC).
Also, trading crypto is no longer restricted to professionals with at least $1 million in bankable assets….
Read More: Hong Kong Aims to Thrive as an International Crypto Hub Despite Global Scrutiny