Hong Kong’s Securities and Futures Commission has updated its virtual asset trading rules to allow licensed crypto exchanges to connect with global liquidity pools. The change removes previous restrictions that limited local exchanges to isolated operations, aiming to strengthen Hong Kong’s position as a digital asset hub.
The revised framework enables order-book sharing with international platforms, potentially boosting market depth and improving pricing efficiency. Regulators said the move aligns crypto trading infrastructure with established financial market practices.
Analysts view the policy as part of Hong Kong’s broader strategy to attract global crypto firms and institutional investors. The shift is expected to enhance cross-border capital flows and reinforce the city’s competitiveness in digital finance.