HKEX will launch the “HKEX Virtual Asset Index Series,” a digital asset index focused on BTC and ETH pricing.
The index aims to provide a single, reliable price for Bitcoin and Ether based on Asia-Pacific trading hours, making it easier for investors to understand their true value in real-time.
The HKEX Virtual Asset Index Series stands out as the first of its kind in Hong Kong to meet the European Union Benchmarks Regulation (BMR) standards, ensuring its reliability on an international level.
Hong Kong plans to issue more licenses for digital asset exchanges by the end of the year, as part of its efforts to expand its presence in the crypto market.