Hong Kong is taking firm steps towards becoming the center of the cryptocurrency industry.
The move has come from Interactive Brookers to serve in Hong Kong. The NASDAQ-listed company will offer its services cryptocurrency services in Hong Kong.
Interactive Brookers Prepares to Offer Services in Hong Kong
This move from the US-based company came in the process of continuing Hong Kong’s efforts to become a center for cryptocurrencies.
US-based brokerage firm Interactive Brookers started offering crypto services in Hong Kong for its institutional clients as of February 14.
Interactive Brokers’ crypto trading services were launched in conjunction with OSL Digital Securities, a Securities and Futures Commission (SEC) licensed digital asset brokerage and trading platform for professional traders.
Individuals holding more than HK$8 million, or more than $1 million, in investable assets, or HK$40 million, or approximately $6 million, residing in Hong Kong, can now buy cryptocurrencies alongside other asset classes available on Interactive Brokers. can sell.
Investors previously had to use a variety of trading platforms from different brokerage firms and exchanges to trade cryptocurrencies and other asset classes. With the services of Interactive Brookers, users will not need it.
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