Hong Kong Moves Toward Legalizing Retail-Investor Crypto Trading
- City to consult on crypto-market access for the retail sector
- Government is open to the idea of listing digital-asset ETFs
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Hong Kong laid out a master plan to become a top Asian crypto hub offering legalized retail trading and digital-asset exchange-traded funds, part of a wider push to restore the city’s credentials as a financial center.
A consultation will begin on how the retail segment “may be given a suitable degree of access” to tokens, according to a statement Monday from the government. The city invited global crypto exchanges to explore opportunities, adding that work toward a new virtual-asset licensing regime is intensifying.