Hong Kong Opens to Mass-Market #bitcoin Trading
Hong Kong has taken a major step towards becoming a global crypto hub by opening up to mass-market trading of bitcoin. The Securities and Futures Commission ( #SFC ) has granted a license to HashKey Exchange, allowing it to offer retail trading of bitcoin and other cryptocurrencies to Hong Kong residents.
This is a significant development for the crypto industry, as it gives Hong Kong a major advantage over other jurisdictions that have yet to open up to mass-market trading. It is also a sign of the growing acceptance of cryptocurrencies by mainstream financial institutions.
