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Hong Kong is Setting Up a Shortlist of Tokens Retail Can Trade - Which Coins Will Make the List

Hong Kong’s financial regulator is expected to create a dedicated whitelist of tokens that retail users will be allowed to trade.

The new token whitelist was proposed on Wednesday by Julia Leung, the CEO of Hong Kong’s Securities and Futures Commission (SFC) during a panel discussion in Hong Kong. Leung did not reveal which specific tokens she had in mind for the proposed whitelist, but she said her agency will now seek public opinion about guardrails for retail crypto trading.

As a starting point, it is expected that at least bitcoin (BTC) and ethereum (ETH) will make the list, given that there are already ETFs approved in the city that are backed by the two cryptocurrencies.

Bitcoin Bitcoin $98,409.90
+0.58%
Hong Kong
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