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Also Read: FTX 2.0: CEO’s Legal Billings Hint Reboot Of Fallen Crypto Exchange Cryptocurrencies That May Rally Over Hong Kong SFC Update? According to a report, the general framework is similar to the prior one in many aspects. The Hong Kong government mentions that the cryptocurrencies purchased by retail investors should be included in the two major indexes. This is set to be the minimum requirement. Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Polkadot (DOT), and Solana (SOL) are included in at least 3 major indexes. However, other coins added on just indexes made to the list will be Cardano (ADA), Avalanche (AVAX), Polygon (MATIC), and Chainlink (LINK). It is expected that these coins might be listed in the first batch of Hong Kong complied exchanges. Read More Crypto News Here… Source: Colin Wu Also Read: 24 Rug Pulls In 10 Days, Scam Tokens Ride The Wave Of Meme Coin Mania As per the Hong Kong SFC, Non security token would need to have a 12...

When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” will be allowed. When the new licensing program that is scheduled to take off in June arrives, retail traders in Hong Kong will be limited to “highly-liquid” digital assets, according to the new CEO of Hong Kong's Securities and Futures Commission (SFC), Julia Leung Fung-yee. At the recent Asia Financial Forum, Leung reportedly pointed out that many digital asset platforms have thousands of products. However, the SFC executive highlighted that they are not planning to "allow retail investors to trade in all of them." Instead, the SFC will set up a criteria that allow retail traders to only trade major virtual assets. Cast your vote now! While the SFC executive did not provide more details as to which assets will be available for trading, Leung mentioned that these will be assets with "deep liquidity." When asked about Bitcoin (BTC) or Eth...