UBS Group’s Rich Shoppers Can Now Commerce Some Crypto ETFs in Hong Kong: Bloomberg

by Jeremy

Previously few days, Hong Kong has moved in direction of permitting retail traders to purchase spot crypto Alternate Traded Funds (ETFs) and major dealing of tokenization. The transfer seems to be one other step in Hong Kong’s not too long ago accelerated ambitions to develop into a digital asset hub. It applied a brand new regulatory regime in June, accepting functions for crypto buying and selling platform licenses, and granted the primary set in August, permitting exchanges to serve retail clients.

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