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  • Virtual Asset Trading Platforms in 2023: Market Review and Regulatory Developments

    In 2023, the global virtual asset market rebounded following the 2022 bear market, driven primarily by positive developments such as the Ethereum upgrade and the Bitcoin spot ETF application.During the year, the landscape of virtual asset trading platforms underwent significant changes, with shifts in market share among leading platforms. Notably, Binance saw its market share decline, while OKX and Bybit achieved growth. During the same period, Hong Kong officially implemented a new regulatory framework for virtual asset trading platforms, establishing clear conditions for retail investor participation and marking a further maturation of the global regulatory environment.

Virtual Asset Trading Platform

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