#数字资产动态追踪 Hong Kong's virtual asset market ushers in a major turning point—The Hong Kong Securities and Futures Commission officially approves the operation of over-the-counter (OTC) virtual asset trading services under the existing trading platform license framework. This is not a testing phase but a direct move into implementation.
From a regulatory perspective, this move means that compliant institutions can legally provide OTC trading channels. The first supported cryptocurrencies include $BTC, $ETH, $USDT, $USDC , and $USDT-TRC20, covering mainstream assets. On the fiat side, USD and HKD settlements are supported, providing flexible deposit and withdrawal options for different traders.
The clear signal from this policy implementation is that Hong Kong continues to strengthen its position as an international financial center, and its attitude toward virtual assets is shifting from cautious observation to active embrace. For institutional investors and platforms, the opening of compliant OTC channels directly reduces trading friction. The market generally expects that more cryptocurrencies will be supported in the future.
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OnchainGossiper
· 16h ago
Hong Kong is going all out with real guns and swords, not just some虚的, OTC channels are directly being opened up, I like this momentum.
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It should have been like this a long time ago. Once compliant channels open, institutions can enter, and the coverage of currencies is quite comprehensive. With this momentum, there will definitely be more to come.
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The Hong Kong Securities and Futures Commission's move is indeed fierce. From cautious observation to embracing, it’s happening so quickly. The dual settlement in USD and HKD is really quite convenient.
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I just want to see if this thing can really be implemented in the end. It looks good on paper, but will there be any twists and turns in actual operation?
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Both BTC and ETH are supported, and USDT-TRC20 has also been considered. The details are quite well done.
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What is Hong Kong competing over again? This pace feels like it’s about to clash with Singapore.
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BlockBargainHunter
· 19h ago
The Hong Kong Securities and Futures Commission really isn't messing around this time, jumping straight into practical implementation.
Hong Kong has really woken up; OTC compliance is now directly implemented. Now institutions have work to do.
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APY追逐者
· 01-05 09:24
The Hong Kong boss finally stopped pretending and directly set up an OTC compliant channel. Now institutions have work to do.
Wait, could this be another case of big talk but little action?
HKD settlement? That's interesting, adding another way for southbound funds to play.
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gaslight_gasfeez
· 01-05 09:19
Hong Kong's move is really awesome. Once the OTC compliant channels open, institutions can jump right in... But to be honest, I feel like it's still taking it slow. When will more cryptocurrencies be allowed?
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SatoshiHeir
· 01-05 09:18
It should be pointed out that the Hong Kong Securities and Futures Commission's recent actions were actually discussed within the framework of the white paper—decentralized finance's ultimate form will inevitably be realized through compliant channels. Clearly, this is not a concession by Hong Kong, but a compromise of the entire financial system's fundamental technology... Laughing, another era dominated by fiat currency thinking comes to an end.
#数字资产动态追踪 Hong Kong's virtual asset market ushers in a major turning point—The Hong Kong Securities and Futures Commission officially approves the operation of over-the-counter (OTC) virtual asset trading services under the existing trading platform license framework. This is not a testing phase but a direct move into implementation.
From a regulatory perspective, this move means that compliant institutions can legally provide OTC trading channels. The first supported cryptocurrencies include $BTC, $ETH, $USDT, $USDC , and $USDT-TRC20, covering mainstream assets. On the fiat side, USD and HKD settlements are supported, providing flexible deposit and withdrawal options for different traders.
The clear signal from this policy implementation is that Hong Kong continues to strengthen its position as an international financial center, and its attitude toward virtual assets is shifting from cautious observation to active embrace. For institutional investors and platforms, the opening of compliant OTC channels directly reduces trading friction. The market generally expects that more cryptocurrencies will be supported in the future.