Hong Kong has officially approved retail cryptocurrency trading for licensed exchanges, marking a significant shift in its regulatory approach.
Under the new guidelines, retail investors can trade major cryptocurrencies like Bitcoin and Ethereum, provided the exchanges adhere to strict regulatory standards.
These standards include enhanced Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to ensure investor protection and market integrity.
The move is part of Hong Kong’s broader strategy to position itself as a global hub for cryptocurrency and blockchain technology, attracting both institutional and retail investors. The regulatory framework is expected to foster innovation while providing a safe environment for crypto trading.
