Reported about 8 hours ago
Hong Kong is set to relax digital asset regulations and introduce a tokenisation pilot scheme aimed at enhancing trading and investment in digital assets. The Securities and Futures Commission will permit local virtual asset trading platforms to connect with global order books, thereby improving access to international liquidity. Additionally, these platforms can now offer virtual assets and stablecoins with less than a year of track record to professional investors. This strategy is part of Hong Kong's efforts to become a leading fintech hub amidst growing investment in digital transformation.
Source: YAHOO