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Hong Kong exchange launches crypto index for Asia
The Hong Kong Exchanges and Clearing (HKEX) plans to introduce a virtual asset index on November 15.
The aim is to offer a reliable price benchmark for cryptocurrencies. This initiative aligns with Hong Kong’s ambition to become a leading digital assets hub.
The HKEX Virtual Asset Index Series will focus on bitcoin and ether pricing across Asian time zones.
According to an HKEX statement, the series is designed to resolve fragmented asset pricing.
It will provide a consistent price reference.
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