The Hong Kong SAR government today issued a policy statement on the development of virtual assets in Hong Kong, hoping to promote the development of the virtual asset industry in Hong Kong.
Including stepping up preparations to provide a licensing system for new virtual asset services, no longer requiring only professional investors with assets of more than 8 million to participate, and opening up the trading of virtual assets to retail investors, constantly releasing positive signals to the market.
It is reported that OKX, the world’s leading virtual asset trading platform, is planning to apply for the license. In this regard, Lennix, director of financial markets at OKX, said in an interview with Hong Kong that this signal from Hong Kong is very important and gives us a direction for development.
Lennix believes that although the first hurdle is 8 million yuan in assets, and then may be investing in ETFs, seeing the Hong Kong government’s development of an increasingly open attitude has given us enough confidence to invest in Hong Kong. For the industry, there will be more and more projects set up and talents pouring into Hong Kong.