Hong Kong approves four new crypto exchanges to strengthen its role as a global crypto hub.

Hong Kong's securities regulator, the SFC, has approved four new cryptocurrency exchanges to bolster the city's position as a global crypto trading hub. The approved exchanges include Accumulus GBA Technology, DFX Labs, Hong Kong Digital Asset EX, and Thousand Whales Technology. This move follows Hong Kong's launch of Asia's first spot bitcoin and ether ETFs in April. The aim is to attract more digital asset trading and reduce ETF management fees.

3 months ago
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