It is stated that while Hong Kong is preparing to relax the rules on the trading of cryptocurrencies, China is supporting the process by following it closely.
China’s autonomous region with its own laws, Bloomberg reported on Feb. Hong Kong Recently a global cryptocurrency hub while continuing his feverish work towards becoming Chinese authorities this is often attending meetings And unofficial provides support in some way.
Experienced actors of the financial sector are a general crypto acceptance for Hong Kong pilot zone thinks it is used. Actors also noted that Hong Kong’s stance on cryptocurrencies and China’s close monitoring of the process. important a policy change herald suggested it might.
Especially Bank of China (PBOC) soon expander It is one of the few central banks that implements monetary policy and it has made Hong Kong in many innovations in the past. pilot zone by the actors as Chinese crypto adoption presented in support of his thesis.
Hong Kong Securities and Futures Commission (SFC) In the guide published, it is possible to buy and sell from licensed cryptocurrency exchanges within the country. will allow and companies operating or wishing to operate in the country June 1 from the regulator until must get a license had reported.
SFC fully defines its limits in the manual. not determined although it is only generally accepted by the financial markets with the criteria it proposes. accepted He pointed out that he would allow the trading of cryptocurrencies.