to launch at least two liquid funds to tap the opportunities in the secondary market, CEO of HashKey Capital and HashKey Singapore Deng Chao said in a recent interview.HashKey Capital, the investment arm of HashKey Group, a license to manage a portfolio of 100% digital assets.Hong Kong has moved steadily in recent months with plans to provide a transparent regulatory environment for crypto firms. In addition, it announced a timeline to allow retail trading in digital assets.
From June 1, Hong Kong will issue licenses to virtual digital asset service providers, paving the way for retail investors to trade in leading cryptocurrencies such as Bitcoin and Ether. Several big-ticket conferences on digital assets have occurred in the city-state in the last few months, generating global interest in Hong Kong’s potential to emerge as a regional crypto business hub.
In a landmark decision recently, the Hong Kong High Court ruled that crypto is property and can be held in trust. The court ruling goes a long way in instilling confidence among crypto investors. The asset class is now