Deloitte: Hong Kong financial services companies are preparing to provide virtual asset trading services

Financial services firms in Hong Kong, China, are gearing up to prepare the groundwork to enable retail clients to trade virtual assets in the coming months, industry sources said, according to the South China Morning Post. Robert Lui, head of digital assets at Deloitte Hong Kong, said many local brokers and fund managers have sought advice from him on licensing requirements under the new regulatory regime. Authorities may allow retail investors to trade virtual assets with higher market capitalization and more liquidity, he added.