Hong Kong to explore legalizing retail crypto trades in reversal of previous proposal

Hong Kong to explore legalizing retail crypto trades in reversal of previous proposal

2 years ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2022/10/31/hong-kong-to-explore-legalizing-retail-crypto-trades-in-reversal-of-previous-proposal/

Hong Kong has proposed allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds and plans to conduct pilots in NFT issuance and CBDC as it looks to regain its status as a global financial hub.

The city had last year proposed limiting crypto trade to professional investors, a move that saw many crypto entrepreneurs shift base to friendlier jurisdictions such as Dubai and Singapore.

Hong Kong to explore legalizing retail crypto trades in reversal of previous proposal

Oct 31, 2022, 10:25am UTC
https://techcrunch.com/2022/10/31/hong-kong-to-explore-legalizing-retail-crypto-trades-in-reversal-of-previous-proposal/ > Hong Kong has proposed allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds and plans to conduct pilots in NFT issuance and CBDC as it looks to regain its status as a global financial hub. > The city had last year proposed limiting crypto trade to professional investors, a move that saw many crypto entrepreneurs shift base to friendlier jurisdictions such as Dubai and Singapore.