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Futu Securities enables crypto trading alongside stocks on Hong Kong’s NiuNiu platform. U.S. and global regulators fuel widespread adoption and Bitcoin reserve initiatives. As global financial institutions increasingly embrace crypto, Hong Kong’s Futu Securities International is stepping into the spotlight. Hong Kong’s crypto surprise The city’s largest online brokerage has officially launched a crypto deposit service, enabling qualified investors to seamlessly trade Bitcoin [BTC], Ethereum [ETH], and USDT alongside traditional assets. Users can easily switch between digital and conventional markets, marking a significant move toward bridging the gap between traditional finance and the fast-evolving world of cryptocurrencies. Remarking on the same, X user _FORAB added,  “Internet securities dealers are counting down to their large-scale entry into the cryptocurrency world and access to stablecoins.”   Hong Kong’s ongoing efforts to establish itself as a global crypto hub are far from isolated developments. With the rollout of the ASPIRe framework, tax incentives for institutional investors, and the historic approval of Asia’s first spot Bitcoin and Ether ETFs, the city is actively positioning itself at the forefront of the digital asset revolution. Is the United States acting as a torchbearer? This assertive approach coincides with renewed regulatory momentum in the United States, where Paul Atkins has assumed leadership of the SEC, vowing a clearer stance on crypto regulation. The SEC has also formed a dedicated task force to craft a comprehensive framework for digital assets, signaling a shift in federal oversight. Meanwhile, Donald Trump’s proposal for a national Bitcoin Reserve has sparked a wave of legislative activity at the state level. Regions like Texas, Arizona, and New Hampshire moving to establish their own reserves in a bid to stay ahead in the evolving crypto economy. As expected, the United States’ renewed push for crypto regulation and state-level adoption has sparked a ripple effect far…

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Filed under: News - @ May 8, 2025 4:27 pm