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Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation

The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation

The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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