Hong Kong Allows Licensed Crypto Exchanges Global Market Access

Hong Kong’s Securities and Futures Commission announced that licensed crypto exchanges can now connect with global markets as of November 3, 2025, enhancing market liquidity and connectivity.

This policy shift is expected to increase Bitcoin and Ethereum trading, attract institutional capital, and boost Hong Kong’s status as a central digital asset hub.

Hong Kong Initiates Global Order Book Integration

Hong Kong has shifted its crypto policy, allowing exchanges to link their order books globally. The Hong Kong Securities and Futures Commission emphasized that this change aligns local regulations with international standards, enhancing financial integration.

Key figures like Ashley Alder and Julia Leung have spearheaded these changes. The policy aims to integrate Hong Kong with global crypto ecosystems, boosting liquidity and market competitiveness.

“Hong Kong will allow local licensed virtual asset trading platforms to share global order books with their overseas affiliated companies. This move is designed to enhance liquidity, align our digital asset markets with international standards, and support Hong Kong’s ambition to be a leading global hub for digital assets.” — Ashley Alder, CEO, Hong Kong Securities and Futures Commission (SFC)

Crypto Market Liquidity Expected to Surge in Hong Kong

The immediate impact could see increased trading volumes on Bitcoin and Ethereum markets, with expert opinions suggesting a significant boost in market liquidity. Local market leaders see this as an opportunity for growth.

The adjustments are anticipated to drive institutional capital into Hong Kong, enriching its role as an East-West gateway in digital assets. Industry leaders like Arthur Hayes describe this as a pivotal shift towards global market engagement.

Lessons from Singapore and Japan’s Crypto Integration

Previous moves by Singapore and Japan, which allowed similar global access, resulted in substantial market volume increases. These cases set precedents for the potential success of Hong Kong’s initiative.

Experts project that increased liquidity will bolster market resilience, potentially attracting more stable, institutional investments, and leading to an integrated global digital asset framework.

Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.