HONG KONG -- Hong Kong took a step toward becoming a cryptocurrency hub on Thursday with the start of applications for licenses to run trading platforms and exchanges.
Cryptocurrencies
Hong Kong opens crypto exchange licensing ahead of retail trading
City cautiously pivots toward virtual currencies, which are banned on mainland
Hong Kong had restricted cryptocurrency trading to institutional investors and other professionals since 2018, but retail trading is poised to begin in the second half of 2023. © Reuters
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