Hong Kong and Chinese Crypto Users Find Ways Around Beijing's Ban.

1 min read
Source: Cointelegraph
Hong Kong and Chinese Crypto Users Find Ways Around Beijing's Ban.
Photo: Cointelegraph
TL;DR

Hong Kong is moving forward with its plan to allow retail traders access to licensed crypto platforms, with a licensing regime for crypto exchanges set to come into effect on June 1. The chair of the FinTech Association of Hong Kong, Neil Tan, said that the opening of the financial industry to digital assets is a natural progression and that Hong Kong is stepping forward while other jurisdictions are stepping back. The region is also focusing on attracting talent and infrastructure providers to support its virtual asset hub ambitions.

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