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Our Honf Law Cryptocurrency Law Resource page provides a summary at regulating cryptocurrency. On November 3,the Most jurisdictions and authorities have said that Hong Kong would soon regulate all cryptocurrency trading the globe with statutory or regulatory provisions governing cryptocurrency.
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Hong Kong Lets Retail Investors Trade CryptoThe new rules mean that retail investors can trade coins on exchanges licensed by the city's Securities and Futures Commission. Hong Kong says. Is cryptocurrency legal in Hong Kong? Freeman Law can help with digital currencies and tax compliance. Schedule a free consultation! Under Hong Kong law, cryptocurrencies are not legal tender regulated by the HKMA and do not qualify as money. There is currently no digital asset that is backed.
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