🚀 Hong Kong tightens crypto regulations! 🌐 Major indices include Bitcoin & Ethereum, while HSBC expands access to crypto ETFs.
- New regulations for virtual assets & cryptocurrencies
- Licensed platform operators must meet specific token inclusion criteria
- Bitcoin & Ethereum top major indices; other cryptos rank 2nd & 3rd
- HSBC allows customers to buy & sell virtual asset ETFs
- 10+ institutions to apply for Hong Kong VASP license
- Securities tokens & RWAs no longer defined as complex products
- Stablecoin regulation expected in 2023/24
Stay informed! 📰💡