Cryptocurrency Q&A
Are cryptocurrencies regulated in Hong Kong?
Are cryptocurrencies regulated in Hong Kong?
Margherita
Thu Jul 18 2024
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6 answers
1554
I don't understand this question. Could you please assist me in answering it?
6 answers
SsangyongSpirited
Sat Jul 20 2024
To address this, the Hong Kong government has taken steps to regulate virtual asset service providers (VASPs) in recent times.
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CryptoChampion
Sat Jul 20 2024
The regulatory landscape in Hong Kong pertaining to cryptocurrency trading is designed to foster a secure and well-governed environment for digital asset transactions.
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BenjaminMoore
Sat Jul 20 2024
Despite this, there exists a notable gap in the legal framework, as there are currently no specific laws that govern the promotion of crypto assets in the city.
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CryptoTamer
Sat Jul 20 2024
This lack of clarity has led to a certain degree of uncertainty among market participants and investors alike.
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Caterina
Fri Jul 19 2024
Effective from June 2023, VASPs are now required to obtain a license in Hong Kong in order to operate legally.
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