Financial services companies in Hong Kong are working hard to prepare the groundwork to enable retail customers to trade virtual assets in the coming months, industry insiders said, according to the South China Morning Post.

Robert Lui, head of digital assets at Deloitte Hong Kong, said that many local brokers and fund management companies have sought advice from him on the licensing requirements under the new regulatory system. He added that relevant authorities may allow retail investors to trade virtual assets with higher market capitalization and greater liquidity.