TechFlow news, November 3 — According to Bloomberg, the Hong Kong Securities and Futures Commission (SFC) announced it will relax cryptocurrency trading rules, allowing local licensed trading platforms to connect to global order books, moving away from the current closed model limited to internal order matching within Hong Kong. SFC Chief Executive Officer Julia Leung stated during Hong Kong FinTech Week that the related regulatory announcement will be released today. This move aligns crypto trading with Hong Kong's traditional asset regulations and is expected to attract major exchanges such as Binance and Coinbase to establish operations in the city.
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