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HashKey received a license under Hong Kong's new cryptocurrency regulations, marking a significant step towards legitimizing the retail trading of digital assets in the city.
In Q2, only 10 funds were launched, compared with 14 in the previous quarter.
As Hong Kong prepares for the launch of retail cryptocurrency trading on June 1, crypto companies are racing to secure licenses to participate.
Retail investors in Hong Kong may soon be able to buy popular cryptocurrencies like bitcoin at government-licensed exchanges, thanks to new rules meant to bolster the city's standing as a digital asset hub.
HONG KONG: Retail investors in Hong Kong may soon be able to buy popular cryptocurrencies like bitcoin at government-licensed exchanges, thanks to new rules meant to bolster the city's standing as a digital asset hub. Global crypto markets have yet to recover from a string of high-profile failures in recen