Mirae Asset to enter Hong Kong retail crypto market

Mirae Asset Securities is set to become the first South Korean securities firm to enter the retail cryptocurrency business in Hong Kong, the Seoul Economic Daily reported. The company's Hong Kong subsidiary has received final approval from the Hong Kong Securities and Futures Commission (SFC) for a digital asset retail license. It plans to officially launch a cryptocurrency trading service for individual investors in the city this June through a new mobile trading system (MTS).