Hassan Maishera
Hong Kong is one of the leading global financial hubs, and it is now making headway in the cryptocurrency space. According to Statista, the number of users in the cryptocurrency market in Hong Kong is expected to reach 694.30k users in 2026.
The growth can be attributed to positive regulation in the region. C Wong, Chief Executive Officer of KuCoin, acknowledged the work done by regulators in Hong Kong while speaking at the “Regulator and Visionary Forum” on the main stage of Hong Kong FinTech Week 2025
Hong Kong’s RegTech-Driven Regulation Sets a Global Benchmark
According to Wong, Hong Kong’s RegTech-driven and forward-looking approach to digital finance regulation is a credible model for the global digital financial ecosystem.
During the main stage panel discussion titled “The Globalization of Digital Asset Trading: Building a Borderless Financial Ecosystem,” BC stated that,
“The Hong Kong Securities and Futures Commission (SFC) has pioneered a RegTech-driven, science-based approach to regulation. This not only enhances market safety and transparency but also provides a clear framework for industry development.”
The KuCoin boss pointed out that maintaining consistent compliance is key to establishing long-term trust in the industry.
“Platforms must ensure full and transparent disclosure to regulators. We cannot claim compliance in words but act otherwise. Trust comes from transparency, consistency, and accountability,” BC added.
He noted that KuCoin, one of the leading crypto exchanges in the world, is positioning itself as a Web3 financial infrastructure, not merely an exchange. The company focuses on technology and compliance, enabling it to uphold the highest standards of safety and transparency, earning the trust of users and regulators worldwide. Its efforts on compliance were evident after KuCoin became the first top cryptocurrency exchange to obtain the CCSS certification, ensuring that it now holds all four leading security and privacy certifications.
He concluded that the cryptocurrency exchange will continue engaging with regulators globally, including those in Hong Kong, to advance a balanced development of compliance, security, and innovation. Its efforts will contribute to a safe, transparent, and trustworthy global digital finance ecosystem.
KuCoin has been expanding its services in recent months. Last week, the cryptocurrency exchange launched KuPool, offering users an efficient and secure mining experience within KuCoin’s ecosystem.
