Hong Kong Eases Crypto Rules to Attract Global Capital
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Hong Kong regulators are relaxing cryptocurrency trading restrictions to attract global investment and boost the city's digital asset market. Licensed platforms can now connect local investors to global order books, according to Securities and Futures Commission CEO Julia Leung. Hong Kong regulators are easing restrictions on cryptocurrency trading to attract global capital and revitalize the city's digital asset market, Bloomberg.com reports. Julia Leung, CEO of the Securities and Futures Commission, announced that licensed cryptocurrency trading platforms will be permitted to connect local investors with their global order books. The Securities.
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Key takeaways
- Hong Kong regulators are easing restrictions on cryptocurrency trading to attract global capital and revitalize the city's digital asset market, Bloomberg
- Julia Leung, CEO of the Securities and Futures Commission, announced that licensed cryptocurrency trading platforms will be permitted to connect local investors with their global order books
- The Securities and Futures Commission will release a regulatory circular later today, providing further details on the policy changes
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