Hong Kong Plans to Legalize Retail Crypto Trading to Become Hub – Bloomberg

Hong Kong Plans to Legalize Retail Crypto Trading to Become Hub – Bloomberg

Blockchain Crypto Market Technology
November 13, 2022 by Coinvasity
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Hong Kong is pivoting toward a friendlier regulatory regime for cryptocurrencies with a plan to legalize retail trading, contrasting with the city’s skeptical stance of recent years and the ban in place in mainland China.
A planned mandatory licensing program for crypto platforms set to be enforced in March next year will allow retail trading, according to people familiar with the matter, who asked not to be named because the information isn’t public. 

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