Hong Kong Boosts Crypto Trading with Global Liquidity Move

Hong Kong is taking bold steps to strengthen its position as a leading fintech and digital asset hub by easing regulations on virtual asset trading. Starting Monday, licensed virtual asset trading platforms (VATPs) can now share their order books with overseas affiliates, unlocking access to global liquidity previously restricted under local rules.

Previously, Hong Kong required VATPs to keep their order books ring-fenced within the city, limiting cross-border trading and exposure. The regulatory shift is designed to create a more dynamic trading environment, encouraging both local and international investors to engage in digital asset markets.

This move comes as global interest in cryptocurrencies and digital investments continues to surge. Market participants see it as a significant step to make Hong Kong a more competitive alternative to established hubs like Singapore and major U.S. exchanges. By allowing shared order books, the city aims to attract high-volume trading and foster innovation in digital finance.

Hong Kong’s broader financial sector is also set to gain from this digital transformation. Investment in technology across banking and finance is expected to exceed HK$100 billion annually over the next three years, signaling a deepening commitment to fintech growth and infrastructure upgrades.

As Hong Kong positions itself as a major gateway for digital asset trading, the city is signaling that it wants to be at the forefront of global crypto markets while maintaining robust regulatory oversight.