Hong Kong Moves Toward Legalizing Retail-Investor Crypto Trading
(Bloomberg) — Hong Kong will start a consultation on legalizing crypto trading by retail investors as it seeks to create a hub for digital tokens under a wider push to restore the city’s credentials as a financial center.
The consultation will focus on how the retail segment “may be given a suitable degree of access,” according to a statement Monday from the government. The city invited global crypto exchanges to explore business opportunities, adding that work toward a new virtual-asset licensing regime is intensifying.
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