Hong Kong is getting ready to allow retail investors access to spot cryptocurrency exchange-traded funds (ETFs), according to the Securities and Futures Commission. This move positions Hong Kong as a leader in the global crypto market and aims to attract both institutional and retail investors. Additionally, scammers in Southeast Asia are searching for new markets as awareness of their scams grows in the region. They are targeting countries and regions where people may be less informed about their activities. Finally, Bybit, a crypto exchange, has introduced a peer-to-peer trading platform with zero transaction fees, which aims to provide greater savings and profits for traders.
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