Hong Kong crypto hub takes shape with approvals, hiring

Binance-backed platform's former CEO has joined securities commission, sources say

20240425 hk crypto

An advertisement for bitcoin and cryptocurrencies in Hong Kong. The city is on a mission to make itself a hub for trading the digital assets. © Reuters

ECHO WONG, Nikkei staff writer

HONG KONG -- The evolution of Hong Kong into a hub for cryptocurrency trading is gathering pace, with more approvals and filings as well as personnel moves, although the barriers are proving too high for some.

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