Prior to now few days, Hong Kong has moved in direction of permitting retail traders to purchase spot crypto Alternate Traded Funds (ETFs) and major dealing of tokenization. The transfer seems to be one other step in Hong Kong’s just lately accelerated ambitions to turn into a digital asset hub. It applied a brand new regulatory regime in June, accepting functions for crypto buying and selling platform licenses, and granted the primary set in August, permitting exchanges to serve retail clients.

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