SFC dey ease Hong Kong crypto rules make market liquidity beta
On November 3, Hong Kong Securities and Futures Commission (SFC) don make eir cryptocurrency rules soft so dat market liquidity go increase and global players go like join. Na only licensed exchanges fit now access overseas affiliates liquidity pools. Dis change na to make spread on main assets like BTC and ETH reduce by up to 20%. SFC sef commot di 12-month track record requirement for new platforms wey dey serve professional investors. Revised custody licenses for digital asset custodians go start next year. Full licenses for stablecoin issuers and crypto dealers go show for 2026. CEO Julia Leung talk sey dis pragmatic Hong Kong crypto rules go make Hong Kong strong pass Singapore and go support di growth of e digital asset ecosystem.
Bullish
SFC decision to ease Hong Kong crypto rules na good for market. Short term, more liquidity and smaller spreads fit raise trading volume and better price stability for big assets like BTC and ETH. Long term, removing track record requirements and new licenses for custodians, stablecoin issuers, and crypto dealers go attract big players like Binance and Coinbase. This influx fit deepen market pool and make Hong Kong strong as crypto hub for region, supporting steady growth and investors trust.