Not like China: Hong Kong reportedly wants to legalize crypto trading
Hong Kong’s securities regulator wants to allow retail investors to invest directly in virtual assets and to reconsider current crypto trading requirements. Hong Kong is taking action to regain its status as a global cryptocurrency hub by launching several legal initiatives related to the crypto industry.A city and special administrative region of China, Hong Kong is willing to distinguish its crypto regulation approach from the blanket crypto ban in mainland China.The government of Hong Kong is considering introducing its own bill to regulate crypto in its own China-free way, according to....
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Hong Kong is now contemplating changing its crypto trading requirements, in a way attempting to be different from China on the all-out crypto ban. It is now planning to take action as it wants to attain the status of being a global cryptocurrency hub by introducing many legal initiatives that are related to the crypto […]