Hong Kong outlines crypto trading rules for bitcoin, ether, and other large coins, letting retail investors trade them on licensed exchanges starting on June 1
Bloomberg
Related Coverage
- Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1 CoinDesk · Lavender Au
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- Hong Kong's Security and Futures Commission (SFC) to open doors for crypto trading platforms Cryptopolitan · Damilola Lawrence
- Hong Kong will not allow retail customers to trade stablecoins CryptoSlate · Oluwapelumi Adejumo
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Discussion
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@wublockchain
Wu Blockchain
on x
The Hong Kong SFC issued a conclusions consultation on regulation of virtual asset trading platforms; non-security tokens are required to have 12 months of no bad records; stablecoins are currently not allowed to be purchased by retail investors, and need to wait for the new... h…
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@mdudas
Mike Dudas
on x
No stablecoins for retail on regulated Hong Kong crypto exchanges https://apps.sfc.hk/... [image]
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@pingroma
Zheping Huang
on x
The SFC said in its conclusions that licensed platforms should “comply with a range of robust investor protection measures covering onboarding, governance, disclosure and token due diligence and admission, before providing trading services to retail investors.”
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@cryptadamist
@cryptadamist
on x
bros: “the usa is losing innovation. we must move towards freedom loving countries like china” prc: “no stablecoin 4 u” https://apps.sfc.hk/... [image]
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@kris
@kris
on x
HK🇭🇰 making moves to regain momentum. Hong Kong Lets Retail Investors Trade Crypto in New Rules That Contrast With Clampdowns in Asia https://www.bloomberg.com/...
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@thesamreynolds
Sam Reynolds
on x
Want to apply for a crypto license in Hong Kong? No knowledge required! [image]