positive
Hong Kong eases virtual-asset rules to boost liquidity in digital-asset trading
Hong Kong’s regulator has relaxed rules for virtual-asset trading-platforms (VATPs) by allowing them to share order-books with overseas affiliates, a major shift aimed at increasing liquidity and attracting global flows.
The change signals the city’s ambition to become a leading fintech and digital-asset hub. Local banks are also ramping up tech investment, with annual digital spending projected to exceed HK$100 billion over the next three years. Critics note that enhanced liquidity may heighten risk in a volatile market segment and call for close monitoring.
Tags:
- crypto
- asia
Reuters• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
positive
Hong Kong eases virtual-asset rules to boost liquidity in digital-asset trading
Hong Kong’s regulator has relaxed rules for virtual-asset trading-platforms (VATPs) by allowing them to share order-books with overseas affiliates, a major shift aimed at increasing liquidity and attracting global flows.
The change signals the city’s ambition to become a leading fintech and digital-asset hub. Local banks are also ramping up tech investment, with annual digital spending projected to exceed HK$100 billion over the next three years. Critics note that enhanced liquidity may heighten risk in a volatile market segment and call for close monitoring.
Tags:
- crypto
- asia
Reuters• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
1 min read
83 words
Hong Kong relaxes VATP rules to tap global liquidity and strengthen its digital-asset hub ambitions.
Hong Kong’s regulator has relaxed rules for virtual-asset trading-platforms (VATPs) by allowing them to share order-books with overseas affiliates, a major shift aimed at increasing liquidity and attracting global flows.
The change signals the city’s ambition to become a leading fintech and digital-asset hub. Local banks are also ramping up tech investment, with annual digital spending projected to exceed HK$100 billion over the next three years. Critics note that enhanced liquidity may heighten risk in a volatile market segment and call for close monitoring.
Hong Kong’s regulator has relaxed rules for virtual-asset trading-platforms (VATPs) by allowing them to share order-books with overseas affiliates, a major shift aimed at increasing liquidity and attracting global flows.
The change signals the city’s ambition to become a leading fintech and digital-asset hub. Local banks are also ramping up tech investment, with annual digital spending projected to exceed HK$100 billion over the next three years. Critics note that enhanced liquidity may heighten risk in a volatile market segment and call for close monitoring.
Tags:
- crypto
- asia
- crypto
- asia
- regulation
- hong_kong
- fintech