Hong Kong’s Crypto Market Integrates with Global Trading Ecosystem in Regulatory Overhaul

Hong Kong is fundamentally reshaping its digital asset landscape by integrating its crypto market with the global ecosystem.

In a significant update, the Securities and Futures Commission (SFC) will allow licensed exchanges to share a global order book, breaking down the barriers of its previous domestic settlement model.

This move, aimed at enhancing price discovery and liquidity, was announced alongside an exemption for certain tokens from a mandatory trading history.

Analysts see these coordinated steps as a direct response to the shifting global regulatory environment and a clear signal of Hong Kong’s ambition to be a central node in the future of finance.