Wu said that according to reports, Coinbase is considering expanding into the Asia Pacific market. John O'Loghlen, Managing Director of the Asia Pacific region and Director in Australia, stated that Coinbase is doing some custody work for local ETFs in Hong Kong and is also in talks with HSBC for a sub custody plan for ETFs. But the regulatory framework in Hong Kong requires local custody, local market makers, and matching liquidity locally, which is a stumbling block for international platforms and means changing the overall technical portfolio of the trading platform. At present, Coinbase does not intend to do this only for Hong Kong and is waiting for further regulatory developments. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=38799