Hong Kong has officially granted a crypto exchange license to Bullish, making it one of the 10 licensed platforms operating in the city. This approval highlights Hong Kong’s commitment to building a regulated digital asset market, reinforcing its reputation as a major crypto and fintech hub.
Bullish Expands in Hong Kong with Institutional Focus
Bullish, a fast-growing crypto trading platform, sees Hong Kong as a key business hub. Michael Lau, Bullish’s Senior VP and Head of Global Sales, emphasized the importance of the city in the company’s expansion strategy. With over 100 employees in Hong Kong, Bullish plans to focus primarily on institutional clients, helping large-scale investors navigate the crypto space with confidence.
Consensus 2025 Debuts in Hong Kong for the First Time
The timing of Bullish’s approval is significant, as Consensus 2025, the world’s leading crypto conference, is being hosted in Hong Kong for the first time outside the U.S.
The event, taking place at the Hong Kong Convention and Exhibition Centre from February 19-20, is expected to attract around 8,000 attendees from across the crypto and fintech industries.
Michael Lau, the chairman of Consensus Hong Kong, explained the strategic decision to bring the event to Asia:
“Hong Kong’s strong connection between traditional finance and digital assets made it the perfect choice for Consensus 2025.”
The event comes shortly after Bullish’s acquisition of CoinDesk, a major crypto media and events platform, which plays a big role in organizing the Consensus conference.
Hong Kong’s Push for Crypto Regulation & Stablecoin Oversight
Hong Kong has been actively strengthening its crypto regulations to attract global investors while ensuring market stability.
🔹 Hong Kong’s Securities and Futures Commission (SFC) has now approved 10 crypto exchanges, with eight more platforms waiting for approval.
🔹 The city is also working on stablecoin regulations, which will be overseen by the Hong Kong Monetary Authority to ensure safety and transparency in the market.
SFC Executive Director Yip Chi Hang reaffirmed that while new licenses will be granted, only firms meeting strict compliance standards will be approved.
Final Thoughts
With Bullish securing a license, Consensus 2025 drawing thousands of industry leaders, and stablecoin regulations in development, Hong Kong continues to position itself as a major player in the global crypto economy.
