Hong Kong opens doors to retail investors for trading large crypto tokens

Currently, the city's framework for crypto exchanges is a voluntary one that restricts them to clients with portfolios of at least HK$8M. In late October 2022, Hong Kong had taken its steps towards legalizing retail-investor crypto trading. Hong Kong government has already allowed ETFs investing in CME Group ( CME ) Bitcoin and Ether futures and also sold inaugural digital green bonds starting February. In mid-February, Interactive Brokers ( IBKR ) launched cryptocurrency trading in Hong Kong in collaboration with OSL Digital Securities.