Asian Brokers Embrace Crypto: USDT, USDC Trading Now Live

Asian Stock Brokers Integrate Crypto Trading

Hong Kong's Futu Securities International is making headlines by enabling its users to trade Bitcoin (BTC), Ethereum (ETH), and USDT alongside traditional assets on its NiuNiu platform. This marks a significant step towards bridging the gap between traditional finance and the cryptocurrency market.

• Futu Securities allows crypto and stock trading on its Hong Kong platform.
• Increased regulatory clarity in the US and global Bitcoin reserve initiatives are driving adoption.

Hong Kong's Crypto Push

This move follows Hong Kong's efforts to become a global crypto hub. Initiatives like the ASPIRe framework, tax incentives, and the approval of Asia's first spot Bitcoin and Ether ETFs demonstrate the city's commitment to the digital asset revolution. One X user noted that "Internet securities dealers are counting down to their large-scale entry into the cryptocurrency world and access to stablecoins."

US Regulatory Influence

The US is also playing a crucial role. The SEC's formation of a crypto task force and Chair Paul Atkins' commitment to clearer regulation are influencing global markets. Additionally, state-level initiatives exploring Bitcoin reserves (Texas, Arizona, New Hampshire) are creating a ripple effect.

This US-driven momentum is inspiring global action. Switzerland is considering adding Bitcoin to its national reserves, while South Korea's presidential candidate Han Dong-hoon advocates for deregulation and Bitcoin ETFs. Vietnam's Techcombank Securities is also integrating cryptocurrency tools into its platform.

Market Trends

The global crypto market cap has reached $3.09 trillion, reflecting a 3.10% daily gain (CoinMarketCap). Bitcoin traded near $99,749.24 (+2.88%), and Ethereum reached $1,943.46 (+5.27%). Visa’s on-chain data shows USDT leading transaction volumes in April with $421.61 billion.

These developments highlight the growing relevance of crypto across institutional and retail landscapes.

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