Hong Kong’s ambitions to grow to be a digital asset hub turned obvious when it applied a brand new regulatory regime in June, accepting functions for crypto buying and selling platform licenses. It granted the primary set of licenses in August, permitting exchanges to serve retail clients. That was a U-turn after 18 months of hostility towards crypto.
The Securities and Futures Fee (SFC) Reverses Stance on Spot-Crypto, Crypto ETF Investing
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