Hong Kong Opens the Floodgates: Local Crypto Investors to Get Global Prices

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Crypto traders in Hong Kong are set to gain access to global markets and more competitive pricing, thanks to a new initiative from the city’s financial regulator.

The Securities and Futures Commission (SFC) will now allow licensed crypto exchanges to share a global order book with their international counterparts.

SFC CEO Julia Leung stated this integration will allow “local investors to tap global market liquidity efficiently.” The change, which requires prior SFC approval, moves beyond the current pre-funded model. This development is part of a broader regulatory easing as Hong Kong vies to become a top crypto jurisdiction.