ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Hong Kong eyes looser crypto rules in digital-asset hub bid

Allowing retail trade in cryptocurrencies is among relaxation proposals

Trading in bitcoin and other digital assets has been tightly controlled in Hong Kong.   © Reuters

HONG KONG -- Hong Kong is moving to let retail investors trade cryptocurrencies in a bid to become a digital-asset hub and repair its battered reputation as a global business center.

Opening up the market to smaller investors is among several proposed changes announced on Monday as the city, which is hosting a major fintech event this week, gets set to launch a new virtual-asset licensing regime in March.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more