Bursa announced Huobi, about launching the platform Huobi HKto provide cryptocurrency trading services to users in Hong Kong, and the platform will play an important role in pushing Hong Kong towards becoming the global center of Web3.
Also read: “Hong Kong” announces plans to allow retail investors access to virtual asset platforms
In the future, users will be able to buy, sell and hold mainstream cryptocurrencies, such as Bitcoin BTC AndEthereum ETHas well as other major cryptocurrencies, through the platform Huobi HK.
It appears that Hong Kong has been gradually implementing crypto-friendly policies since last year, as it recently announced the introduction of crypto-specific regulations.
In addition to more details regarding the regulations for trading virtual assets, which will appear from the first of June, retail investors may be able to trade digital assets on licensed platforms, as early as the second half of 2023.
In another context, it is involved Huobi Actively develop and build system Web3 In Hong Kong, as a cryptocurrency exchange platform with a decade-long history, the exchange became a significant shareholder in the first cryptocurrency fund. Web3 in Hong Kong.
It also states that applying for a cryptocurrency trading license in Hong Kong, and opening the market in a compliant and regulated manner, would accelerate the development of the cryptocurrency ecosystem. web Web3 in the country.
Recall that the representative of Bursa HuobiHe recently stated that the Web3 In Hong Kong, he will contribute to the widespread adoption of cryptocurrencies on a global scale, and Inc Huobi Cooperate with the country’s regulatory authorities, to support the development of the center Web3 bio.
Also read: The Hong Kong High Court declares cryptocurrencies to be property
About Huobi Stock Exchange
was established Huobi In 2013, it evolved from a crypto exchange into a comprehensive ecosystem of companies blockchaincovering digital asset trading, financial derivatives, portfolios, investment and other fields.
The platform serves millions of users worldwide, with a business presence covering more than 160 countries, and is committed to providing comprehensive services and values to cryptocurrency enthusiasts, globally.