Hong Kong Embraces Retail Crypto Trading with New Rules.
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.