Bloomberg: Hong Kong's cryptocurrency policy may receive soft support from the Liaison Office

2023-02-21 13:50:31

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ChainCatcher news, according to Bloomberg, officials from the Central People's Government Liaison Office in the Hong Kong Special Administrative Region are regular attendees at cryptocurrency gatherings in Hong Kong, where they monitor developments and request reports, and in some cases, follow up by phone. Bloomberg reports that the mainland government may support the region's consultation process for legalizing retail cryptocurrency trading. The Liaison Office did not respond to requests for comment.

According to ChainCatcher's report yesterday, the Hong Kong Securities and Futures Commission has launched a consultation regarding the regulation of virtual asset trading platforms, which will end on March 31 to align with the new licensing regime that can officially take effect on June 1. (Bloomberg)

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