Prior to now few days, Hong Kong has moved in the direction of permitting retail traders to purchase spot crypto Trade Traded Funds (ETFs) and major dealing of tokenization. The transfer seems to be one other step in Hong Kong’s not too long ago accelerated ambitions to grow to be a digital asset hub. It applied a brand new regulatory regime in June, accepting purposes for crypto buying and selling platform licenses, and granted the primary set in August, permitting exchanges to serve retail prospects.