HKEX Unveils Digital Asset Index, Signaling Hong Kong’s Crypto Embrace

In a move that underscores Hong Kong’s growing embrace of crypto, the Hong Kong Exchanges and Clearing Limited (HKEX) has launched a new digital asset index series. This initiative provides a single reference price for Bitcoin (BTC) and Ether (ETH), carefully aligned with the trading hours of the Asia-Pacific region. This strategic step is anticipated to bolster transparency within the digital asset market, attracting greater investor confidence and participation.