#隐私币板块整体上行 Official announcement suddenly made — Hong Kong has finally fully opened the door to crypto OTC trading.
This is no longer a pilot project; it’s the real deal with policy implementation. According to the latest regulations, virtual asset trading platforms have obtained compliance licenses and can directly offer over-the-counter (OTC) services. In simple terms, large-scale currency transactions between individuals and institutions now have a legally recognized channel.
The list of supported cryptocurrencies has been confirmed: $BTC | $ETH | USDT | USDC | USDT-TRC20
The fiat currency integration is also quite flexible — both USD and HKD are supported, which is definitely more convenient for traders in the Asia-Pacific region. USD has strong liquidity, while HKD caters to local users’ needs.
This policy shift is highly significant. It marks the transition of virtual assets from the underground to the mainstream, with large OTC transactions no longer in a gray area but incorporated into formal regulation. Compared to other global financial centers, this move is very forward-looking. Market expectations are that this will further attract institutional capital inflows, especially for participants with strong demand for bulk trading and risk hedging.
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ThatsNotARugPull
· 7h ago
Hong Kong's recent move is aggressive, with OTC directly liberalized... But on the other hand, could this just be providing a legal cover for big players to harvest retail investors? I've heard similar "compliance" stories before.
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FallingLeaf
· 01-07 05:44
Hong Kong's move is really brilliant; finally, no more sneaking around to do OTC trading.
Big institutional players are laughing to death; this means arbitrage opportunities will be further squeezed.
But to be honest, there are so few supported coins. When will privacy coins be added?
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BridgeNomad
· 01-05 09:36
ngl this is huge for the routing landscape, but... hear me out. every time i see "full compliance" i get flashbacks to cross-chain bridges saying the same thing before they got exploited. what's the actual trust architecture here? who's managing the counter-party risk on these OTC desk operations? because liquidity on paper ≠ liquidity in practice when settlement mechanics are unclear.
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fren.eth
· 01-05 09:35
Hong Kong is really getting serious this time, this is not a bluff. The institutions have been waiting for this moment for a long time.
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EthMaximalist
· 01-05 09:35
Hong Kong has finally sorted it out. OTC compliance should have come earlier, but it still depends on how it will be implemented moving forward.
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EthSandwichHero
· 01-05 09:33
Hong Kong's recent move is really aggressive. OTC compliance implementation institutions are about to come in to scoop up the bottom.
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ColdWalletGuardian
· 01-05 09:11
I am optimistic about this move in Hong Kong. The real mainstream players are here, and there's no need to hide and play OTC anymore.
#隐私币板块整体上行 Official announcement suddenly made — Hong Kong has finally fully opened the door to crypto OTC trading.
This is no longer a pilot project; it’s the real deal with policy implementation. According to the latest regulations, virtual asset trading platforms have obtained compliance licenses and can directly offer over-the-counter (OTC) services. In simple terms, large-scale currency transactions between individuals and institutions now have a legally recognized channel.
The list of supported cryptocurrencies has been confirmed:
$BTC | $ETH | USDT | USDC | USDT-TRC20
The fiat currency integration is also quite flexible — both USD and HKD are supported, which is definitely more convenient for traders in the Asia-Pacific region. USD has strong liquidity, while HKD caters to local users’ needs.
This policy shift is highly significant. It marks the transition of virtual assets from the underground to the mainstream, with large OTC transactions no longer in a gray area but incorporated into formal regulation. Compared to other global financial centers, this move is very forward-looking. Market expectations are that this will further attract institutional capital inflows, especially for participants with strong demand for bulk trading and risk hedging.