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Getting licensed as a virtual asset trading platform in Hong Kong can cost more than US$7 million, and finding success in the relatively small market is not guaranteed. ....
The development of Hong Kong’s digital asset ecosystem will need stronger guardrails and more public education to protect investors, HKMA CEO Eddie Yue told the Post in an interview, following last month’s JPEX scandal and after the city saw a 67 per cent rise in cryptocurrency-related complaints last year. ....
Hong Kong’s IPO market is set for a rebound after being among the worst-performing markets in 2022 but a recent debut flop of a Chinese company dampened. ....
Paul Chan, Hong Kong's Financial Secretary, said that, despite the ongoing market downturn, the city would continue to work toward becoming a major crypto hub, attracting businesses from across the world. ....