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DeFi protocol frontend in Hong Kong

Operates a web frontend or aggregator that interacts with permissionless smart contracts on behalf of users. May or may not screen users / restrict regions.

No verdict yet

We haven't published a structured verdict for defi frontend in Hong Kong yet. See the country's topic articles for the underlying regulatory landscape.

View Hong Kong regulations →

Questions this verdict aims to answer

  • Is operating the frontend a regulated activity even if the protocol is decentralized?
  • What geofencing or KYC obligations apply?
  • Does fee-taking change classification?