Hong Kong Relaxes Digital-Asset Rules to Attract Global Crypto Liquidity
Hong Kong is loosening regulations to boost virtual-asset trading liquidity and strengthen its role as a fintech hub. The Securities and Futures Commission (SFC) announced that locally licensed virtual-asset trading platforms (VATPs) will now be able to share their order books globally with overseas affiliates. This replaces a rule that kept Hong Kong’s platforms ring-fenced. …