Through Huobi HK, users will be able to buy, sell, and hold significant cryptocurrencies beginning on June 1. These major cryptocurrencies include BTC, ETH, and others that are listed in its independent index.

The Hong Kong Protections Administrative Commission as of late distributed the finish of its meeting on the “Rules for Virtual Resource Exchanging Stage Administrators,” affirming that the guideline of resource exchanging stage administrators virtual will come full circle on June 1.

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SFC Hong Kong has proposed allowing licensed virtual asset trading platforms to offer services to retail investors in order to realize its goal of becoming the new crypto hub. The SFC will implement the “Guide on Virtual Asset Trading Platforms” and “Guide on Anti-Money Laundering,” as well as a number of revised and clarified provisions, as stated in the concluding document, due to public support for the relevant proposals.

OKX completed an APP upgrade yesterday to provide a spot virtual asset trading service for Hong Kong users. This allows Hong Kong users to buy, sell, and hold 16 types of virtual assets, according to official news. The fundamental on the framework are BTC, ETH, ADA, MATIC, SOL, Dab, UNI, Connection, SAND, LTC, AVAX, AXS, Particle, XLM, USDT, and USDC.

Platforms that offer crypto services are paying a lot of attention to Hong Kong’s policies changing. Notwithstanding fixing guidelines by the US and European nations for crypto-exchanging organizations, this year will make a huge flood of movement to Hong Kong.