When will crypto trading licenses be available in Hong Kong?

As a keen observer of the cryptocurrency and financial landscape, I'm particularly interested in the development of crypto trading licenses in Hong Kong. The territory has long been recognized as a leading international financial center, with its robust legal and regulatory frameworks and proximity to mainland China. However, the crypto sector remains a relatively new and evolving frontier. Given the recent advancements in virtual asset regulation and the push to become a global virtual asset center, one question naturally arises: when will crypto trading licenses be widely available in Hong Kong? The availability of such licenses would undoubtedly boost the legitimacy and attractiveness of the crypto market in the region, potentially attracting more investors and businesses to participate.