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.
