Hong Kong kicked off a brand new crypto regulatory regime in a bid to nurture a digital-asset hub, a pivot that’s stirred curiosity however has but to win massive funding pledges from an trade chastened by a market rout final 12 months.
The principles apply from Thursday and let crypto exchanges provide buying and selling providers to people and establishments in the event that they safe and adjust to licenses designed to defend buyers from the dangerous practices uncovered within the 2022 crash.