Hong Kong has removed barriers to global trading for local cryptocurrency exchanges, with the Securities and Futures Commission (SFC) paving the way for increased accessibility. This new regulation allows licensed exchanges to share order books with international platforms after receiving written approval from the SFC, significantly boosting trading efficiency and market depth. The move aims to provide Hong Kong investors with broader access to liquidity pools, ultimately leading to improved price discovery and competitive trading conditions. The SFC has also eased listing requirements for tokens, exempting them from a previous 12-month trading history requirement needed for professional investors. This simplification will streamline token listings and diversify investment opportunities within the Hong Kong market. The updated regulations reflect Hong Kong’s ongoing commitment to fostering innovation while maintaining investor protection and operational transparency. The SFC believes this balanced approach is key to attracting global expertise and liquidity, positioning Hong Kong as a leading hub for digital assets in Asia.