Hong Kong’s Crypto License Promotes Inclusive Crypto Trading Unlike US’ Coinbase

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Lu Tingkuang of HKbitEX has highlighted Hong Kong’s regulatory framework that stands out for its inclusivity which allows trading cryptocurrencies and security tokens under a single license. This contrasts with limited regulations in other jurisdictions like the US, where players like Coinbase can only handle cryptocurrency transactions. Hong Kong has already exhibited a commitment to innovation in financial instruments. The Hong Kong Securities and Futures Commission is also considering opening STO investments to retail investors aiming to attract more funds and fintech talent cementing Hong Kong’s status as a leading crypto and blockchain center.