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    Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

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      Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

      • 2 minutes read

      Hong Kong Crypto Stocks Skyrocket 200% in a Day!

      Story Highlights
      • Hong Kong Crypto Stocks Surge After SFC Approval – OSL jumps 18%, HashKey token rises 50%, and Guotai Junan soars 200% on license news.

      • Regulatory Clarity Fuels Market Confidence – Hong Kong’s new crypto license regime boosts investor sentiment and trading platform valuations.

      On June 25, Hong Kong’s crypto market witnessed a sharp spike in investor confidence following key approvals from the Securities and Futures Commission (SFC). Shares of licensed digital asset platforms skyrocketed as regulatory clarity sparked renewed interest.

      One of Hong Kong’s first SFC-approved digital asset trading platforms, OSL, surged 18% to HK$14.6, reaching a one-year high. The rally reflects strong investor sentiment in favor of regulated exchanges, driven by confidence in the city’s evolving crypto policy.

      Guotai Junan International: 200% Price Surge

      Guotai Junan International, a Chinese brokerage firm, became the first Chinese exchange in Hong Kong to receive an SFC license for virtual asset trading. The announcement triggered a staggering 200% intraday price jump, as investors reacted positively to the firm’s entry into crypto under a regulated umbrella.

      HashKey Exchange Token Soars 50%

      HashKey Exchange, another licensed platform, also saw its token HSK spike by 50% following its SFC license approval. The move was praised by traders who cited Hong Kong’s strong regulatory clarity, AML/KYC standards, and cybersecurity requirements as factors supporting growth.

      What Does the Hong Kong Crypto License Offer?

      • Allows trading in Bitcoin (BTC), Ethereum (ETH), and stablecoins
      • Annual licensing fees vary based on trading volume and services
      • Application fee: Around HK$100,000
      • Requires strict AML/KYC compliance and robust cybersecurity policies

      Hong Kong aims to become a major crypto hub in Asia by offering a secure and regulated environment that encourages institutional and retail participation.

      Final Thoughts: Regulation Sparks Bullish Momentum

      After years of development, Hong Kong’s crypto licensing regime is finally driving results. The SFC’s approval of platforms like OSL, Guotai Junan, and HashKey is a signal to the global market: Hong Kong is ready for regulated crypto growth. This wave of policy-driven price surges shows how effective regulation can unlock new market opportunities.

      Never Miss a Beat in the Crypto World!

      Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

      FAQs

      What benefits does a Hong Kong crypto license offer?

      A Hong Kong crypto license allows trading of BTC, ETH, and stablecoins, but requires strict AML/KYC compliance and robust cybersecurity. It aims to create a secure, regulated environment for institutional and retail crypto participation.

      What is Hong Kong’s overall goal for its crypto market?

      Hong Kong aims to become a major regulated crypto hub in Asia. By establishing a clear and robust licensing regime, it seeks to attract institutional and retail participation, fostering secure and compliant crypto growth.

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