In November 2020, SFC announced to regulate all cryptocurrency trading platforms operating in Hong Kong

Crypto currency trading regulations in Hong Kong, USA, UK and Japan:-

SFC regulations of crytocurrency trading platforms in Hong Kong:

-- a new licensing scheme under the anti-money laundering ordinance covering all the crypto currencies and including the investors as well.

Crypto currency regulation in Japan :-

-- the regulation is in the place since 2017 under the payment sevices Act. It is mandated by the regulation that the exchange business of cryptocurrencies must be registered , the records are kept for future reference , sufficient security measures to protect customers etc.

Cryptocurrency regulations in USA :-

Although the FinCen didn't approve of it at first, but since 2013, it has considered exchanges on the basis of their values substitute to the currency.

Also, the sale is generally regulated only if I) the sale of currency is under state or federal law

II) transaction conducted under state law or conduct or making the person MBS under federal law.

Cruptocurrency regulations under UK :-

In UK , FCA authorisation is required for all the trading operations of crypto assets as these are the instruments which come under Mifid II . So registration with FCA regulations are required.