What platform does Hong Kong use for Bitcoin trading (legitimate platforms for Bitcoin trading in Hong Kong)

What platform does Hong Kong use for Bitcoin trading? According to official sources, what technology does Hong Kong use for Bitcoin trading and how does the payment and receipt platform for Hong Kong’s virtual currency operate and function globally?

The Hong Kong Monetary Authority (HKMA) provides services to all companies that hold Hong Kong legal currency or have settlement accounts denominated in Hong Kong dollars. It will introduce encrypted assets to customers through a website called “e-money” and provide them with information about encrypted assets. These digital wallets can be used to receive funds, store their value, and list them on exchanges. In addition, Bitcoin can also be obtained as a payment method through services provided by banks and other institutions. (Tencent Securities)

Legitimate platforms for Bitcoin trading in Hong Kong

According to the official website of the Hong Kong SAR government, legal platforms for Bitcoin trading have been approved. The operators of these platforms include BC Technology Group Limited and Bitcoin Solutions LLC, as well as well-known global investors and reputable institutions.

Furthermore, Lin Junjie, a cryptocurrency researcher and financial expert, serves as a member of the board of directors of these companies. It has been reported that the Hong Kong Monetary Authority is considering implementing a new regulatory framework for virtual asset business and plans to expand the relevant regulations to other regions in the coming years. (21st Century Economic Report)