NewsletterBreaking: Hong Kong Regulator To Release Crypto Exchange Rules; Will US SEC Follow?
Crypto News: As the global digital asset market looks for regulatory clarity from top financial watchdogs, Hong Kong plans to deliver a framework. Hong Kong’s Securities and Futures Commission is reportedly releasing guidelines for crypto exchanges. However, this development comes in when one of the biggest financial regulators U.S. Securities and Exchange Commission (SEC) struggled to provide regulatory clarity.
Also Read: Coinbase Launches “Stand With Crypto” NFT After Going Against SEC
Hong Kong Seeks To Provide Clear Crypto Rules
As per reports, Hong Kong Securities and Futures Commission Chief Executive Officer Julia Leung in an event stated that licensing guidelines for digital asset trading platforms in May. She added that the consultation process for crypto exchanges’ regulatory guidelines witnessed more than 150 feedbacks.
Hong Kong aims to develop and portray itself as a financial hub. The regulator is planning to allow retail investors to trade cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). At the same time, a regulatory crackdown can be seen in the U.S. Read More Crypto News Here…
Also Read: US House Investigating Potential Operation Choke Point 2.0 To De-Bank Crypto
U.S. SEC has been criticized for not providing clear rules for crypto trading and other operations. Coingape reported that the U.S. biggest crypto exchange, Coinbase on Monday filed a lawsuit against the SEC. However, Brian Armstrong, Coinbase CEO also minted an NFT and asked the Community to “Stand With Crypto”.
The complaint requests the court to ask the US SEC to publically release the reply to its months old petition regarding clarity over digital asset regulations.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- XRP Price Could Crash to $1 on Double Top Pattern, Predicts Peter Brandt
- USD1 Gets Major Boost as Trump’s World Liberty Plans Treasury-Backed Expansion
- Bipartisan Crypto Bill Talks Progress Even as Markup Is Delayed Until Next Year
- Bitcoin, Ethereum, and Solana to Hit New Highs in 2026, Predicts Crypto ETF Issuer Bitwise
- Fed’s Chris Waller Says Labor Market Is ‘Very Soft,’ Signaling Support for More Rate Cuts
- Bitcoin Price Outlook: Capriole Founder Warns of a Drop Below $50K by 2028
- XRP Price Rare Pattern Points to a Surge to $3 as ETFs Cross $1B Milestone
- DOGE Whales Add 138M Coins in 24 Hours: Will Dogecoin Price Rebound Above $0.15?
- Ethereum Price Outlook Hinges on Whale Moves: Dump Below $2,800 or Reclaim Above $3K Next?
- Solana Price Outlook After Charles Schwab Adds SOL Futures — What Next?
- Pi Network Stares at a 20% Crash as Whale Buying Pauses and Demand Dries
