SFC relaxing crypto trase in Hong Kong

[Yugocean]

Hong Kong's market regulator Securities and Futures Commission (SFC) is preparing to relax its cryptocurrency regulation to allow retail investors to trade crypto, specifically bitcoin and ether. This relaxation will be effective from the next financial year.

 

[uptrendfinancialsignal]

Most of the rules and regulations that are put in place by this countries are too stringent for cryptocurrency

 

[Yohanna]

It's a great news if the regulatory framework is relaxed and it is going to cause a good sentiment in the crypto-currency market.