Hong Kong Exchanges and Clearing (HKEX) has launched a new digital asset index series to provide real-time pricing benchmarks for Bitcoin and Ether, aimed at aligning with Asia-Pacific trading hours and enhancing market transparency in the region.
Set to go live on Nov. 15, the HKEX Virtual Asset Index Series will deliver a single, standardized reference price for Bitcoin (BTC) and Ether (ETH) to support investors operating in the Asian time zone. This move aligns with the Hong Kong Securities and Futures Commission’s (SFC) strategy to expand digital asset exchange licenses before year-end.
Eric Yip, executive director at the SFC, shared that companies have been receptive to feedback and licensing requirements, furthering Hong Kong’s efforts to strengthen its position as a digital asset hub.
Summary Review: Hong Kong’s HKEX will introduce a digital asset index series on Nov. 15, providing transparent Bitcoin and Ether pricing in the Asia-Pacific market. The launch supports Hong Kong’s broader crypto licensing push, with more digital asset exchange licenses expected by year-end.
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