Hong Kong Eases Crypto Rules, Fuels $12.9 Billion Tech Investment Push

Hong Kong’s financial regulator has made sweeping changes to its cryptocurrency rules, opening the door for increased trading and investment in the digital asset market. These reforms allow virtual trading platforms to share global order books with overseas affiliates, while also relaxing restrictions on distributing stablecoins and virtual assets to professional investors. This follows Hong Kong’s push to become a leading financial hub for cryptocurrencies, competing with cities like Singapore and the US.