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coinpedia 2023-02-21 06:24:09

Hong Kong to Legalize Retail Crypto Trading: China Endorses City’s Crypto Hub Ambitions

The post Hong Kong to Legalize Retail Crypto Trading: China Endorses City’s Crypto Hub Ambitions appeared first on Coinpedia Fintech News The Securities and Futures Commission (SFC) of Hong Kong announced its latest policy proposal to allow retail investors to buy big-cap cryptocurrency tokens such as bitcoin and Ether on licensed virtual-asset platforms. The new cryptocurrency regulatory regime will come into effect on June 1, 2023, and can only offer “eligible large-cap virtual assets” to retail …

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