Today news
About the same in other media
Hong Kong regulator re-evaluates retail crypto ETFs laws
Reading now: 370
cointelegraph.comThe Securities and Futures Commission, or SFC, in Hong Kong is reviewing regulations surrounding virtual currency transactions, including whether individuals can invest in exchange-traded funds, or ETFs.
According to a report by South China Morning News on Nov.3, the 2018 regulations limited transactions of cryptocurrencies via funds or trading platforms to professional investors with at least HK$8 million to invest.
SFC's deputy chief executive Julia Leung Fung-yee stated that the re-evaluation will be made "to see if it is still fit for purpose and whether modifications are required." Fung-yee, speaking at the 2021 Hong Kong Financial Technology Week conference, said that “virtual assets are edging toward traditional finance,” hence the
Read more on cointelegraph.comAbout this in other media
Goldman Sachs chief warns China, Hong Kong border controls are a ‘headwind’ on talent fnlondon.com /3 years ago
Here’s Ripple’s plan for U.S regulators to stop a crypto ‘brain drain’ ambcrypto.com /3 years ago
In-person Tether Swap Turns into Bloody Kidnap Ordeal for USD 3M Crypto Trader cryptonews.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
