Hong Kong’s crypto strategy advances with new exchange approval 🤑🤩😍
Hong Kong continues its push to establish itself as a leading digital asset hub, with the Securities and Futures Commission granting Bullish, a Peter Thiel-backed crypto exchange, regulatory approval to operate in the city. This brings the total number of licensed virtual asset trading platforms in Hong Kong to ten.
The Securities and Futures Commission reaffirmed its commitment to a “vibrant and promising” digital asset future, outlining a roadmap that emphasizes regulatory clarity, institutional participation, and enhanced investor protections. These developments were further highlighted during Consensus Hong Kong 2025, where Securities and Futures Commission CEO Julia Leung spoke about the city’s ongoing regulatory efforts and the introduction of crypto derivatives and margin lending for professional investors.