Hong Kong is mulling plans to legalize retail crypto trading to regain its status as a global digital asset hub, according to a Bloomberg report.

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Fast facts

  • The plan is set to be enforced in March 2023, according to the sources.
  • The government is expected to present its plans to reestablish Hong Kong as a global crypto hub on Monday, at the upcoming Hong Kong FinTech Week.

See related article: One country, two systems? Hong Kong seems set to diverge from China on digital assets