Hong Kong’s Securities Regulatory Commission reportedly said in a consultation paper that it will allow individual investors to trade large-cap tokens on exchanges licensed by the SFC, subject to guarantees such as knowledge tests, risk tolerance assessments and reasonable risk exposure limits The measures are in place.
The comment period for the document, which closes on March 31, aims to allow retail trading under the new licensing regime for cryptocurrency exchanges on June 1. Bitcoin and ethereum, two of the largest digital assets by market capitalization, may be listed on Hong Kong-based trading platforms, a spokesman for the Securities Regulatory Commission said in a briefing.