Huobi Token $HT up 18% as Huobi will launch new licensed exchange in Hong Kong huobi ht huobitoken huobiglobal justinsun hongkong china cryptonews trx trondao
According to the announcement, Huobi plans to launch a full-fledged new exchange in China's special administrative region, Huobi Hong Kong. The new platform will target Hong Kong high-net-worth institutional investors and individuals, and its operations will be licensed and comply with local regulations.
that Hong Kong plans to allow retail investors to trade cryptocurrencies. To that end, a new licensing regime for cryptocurrency exchanges will be introduced from June 1, 2023.There are currently only two platforms offering brokerage services for digital virtual assets in what is considered one of the world's financial centres, OSL Hong Kong and HashKey.
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