Hong Kong Embraces Retail Crypto Trading with New Rules.
TL;DR Summary
Hong Kong's securities regulator will allow retail trading of certain crypto assets starting June 1, as part of its broader effort to become a global crypto hub. Bitcoin rose 1.7% to $27,293.64, while Ether advanced more than 2% to $1,855.28. The move was widely expected, with the announcement marking the end of a request for public comment it put out in February on its proposed regulatory requirements around retail trading in crypto.
- Bitcoin climbs back above $27,000 after Hong Kong greenlights some retail crypto trading CNBC
- Hong Kong Steps Up Crypto Hub Push in Contrast With Clampdowns in Asia Bloomberg
- Hong Kong to open crypto exchange access for retail users, but there’s a catch Cointelegraph
- Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1 CoinDesk
- Hong Kong Lets Retail Investors Trade Crypto in New Rules Yahoo Finance
- View Full Coverage on Google News
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