Hong Kong has finalized its licensing requirements for cryptocurrency dealers and custodians, effective December 24. The new framework extends regulatory oversight to include advisory services, setting minimum capital and cybersecurity standards aimed at attracting institutional capital. This move is part of Hong Kong's strategy to position itself as a leading hub for digital assets.
In response to the regulatory clarity, traders are focusing on assets like DeepSnitch AI (DSNT), Stacks (STX), and SPX6900 (SPX) for their potential in liquidity and market exposure. DeepSnitch AI offers AI-driven market tools, Stacks facilitates Bitcoin scaling, and SPX is noted for its meme coin utility with institutional appeal.
Hong Kong Finalizes Crypto Licensing to Attract Institutional Investment
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