Hong Kongrating agency HKVACfor many cryptocurrencies virtual asset indexexplained.
hong Kong, crypto- moneys of great importance to Aiming to become a crypto hub in Asia, Hong Kong has recently initiated legal processes that allow crypto trading.
hong Kongeditor SFCrequired retail tradable tokens to be included in at least two indices. HKVACfor many cryptocurrencies virtual asset indexHe took the first step by explaining.
First Step for Crypto Trading in Hong Kong
Hong Kong regulator SFC has mandated that it be included in two indices for crypto retail trading. HKVACtook the first step by announcing the virtual asset index of cryptocurrencies.
Hong Kong rating agency HKVAC has included many crypto projects in the index. These include projects that the SEC considers securities.
HKVAC, KuCoin and Huobi It is supported by major crypto exchanges such as Moreover HKVAC, who are in a position of authority in legal processes johnny ng It also receives support from a non-government index HKVACmet the first condition for retail crypto trading.
The SFC stated that cryptocurrencies registered in at least two indices should be in the top 30 by market capitalization. Cryptocurrencies in the HKVAC index are as follows;
BTC, ETH, WBTC, BTCB, stETH, BCH, LTC, BNB, MATIC, ADA, ATOM, FIL, NEAR, ALGO, ICP, XRP, DOGE, DOT, WTRX, SHIB, TRX, LINK, LEO, XMR, XLM, OCD, LDO, HBAR, VET, QNT, FTM and EOS
