HomeCrypto GamingHong Kong's SFC, HKMA Say They Will Consider Applications for Spot Crypto...

Hong Kong’s SFC, HKMA Say They Will Consider Applications for Spot Crypto ETFs

-

Hong Kong has been loosening its strategy to crypto this yr, and the regulators’ opinion on retail publicity to digital belongings has shifted. In October, the SFC up to date its rule e book to permit a broader vary of traders to have interaction in spot-crypto and ETF investing. Then, final month, SFC Chief Govt Officer Julia Leung mentioned the regulator was shifting towards permitting retail amidtraders to purchase spot crypto ETFs and would “welcome proposals using innovative technology that boosts efficiency and customer experience” supplied any dangers have been addressed.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Polymarket Blocks French Traders Amid Gambling Inquiry

The brand new ban means French merchants can not entry the crypto powered prediction markets juggernaut.

Phantom Tops Coinbase (COIN) in Apple App Store as Memecoin Craze Drives Traders On-Chain

Coinbase is onboarding memecoins, to make sure. Up to now week, it greenlit FLOKI and PEPE, in addition to WIF for German merchants. These...

AI-Led Investment Fund Sees Bitcoin Price (BTC) Going to $140K

One other memorable commerce: chipmaker large Nvidia has been AI’s prime decide because the experiment started in summer season of 2023. “Back then, I...

Elon Musk Tweet of Joe Rogan Profile Sends DOGE Price Higher

Some crypto lovers speculate that the service, as soon as stay, would possibly embody transactions with some digital property equivalent to DOGE, given Musk's...

Most Popular

spot_img