HONG KONG OPENS ACCESS TO GLOBAL CRYPTO LIQUIDITY POOLS

Summary from the TLDR Crypto newsletter

Hong Kong's Securities and Futures Commission (SFC) will now allow licensed local crypto exchanges to share global order books with their international counterparts, a major step toward integrating the city's markets into the global crypto liquidity network. The move marks a shift from Hong Kong's previous pre-funded, closed-border settlement model, allowing exchanges to offer better price discovery and competitiveness.