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Seeking Alpha 2023-02-20 18:22:27

Hong Kong opens doors to retail investors for trading large crypto tokens

Currently, the city's framework for crypto exchanges is a voluntary one that restricts them to clients with portfolios of at least HK$8M. In late October 2022, Hong Kong had taken its steps towards legalizing retail-investor crypto trading. Hong Kong government has already allowed ETFs investing in CME Group ( CME ) Bitcoin and Ether futures and also sold inaugural digital green bonds starting February. In mid-February, Interactive Brokers ( IBKR ) launched cryptocurrency trading in Hong Kong in collaboration with OSL Digital Securities.

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