Today news
About the same in other media
Hong Kong regulator re-evaluates retail crypto ETFs laws
Reading now: 541
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
Bitcoin tumbles towards $60,000 after China fires another warning at crypto miners and Biden's $1 trillion infrastructure bill becomes law markets.businessinsider.com /3 years ago
Taiwan: New designations for crypto-businesses will have this impact ambcrypto.com /3 years ago
Japan authorities bust $237 million real estate-based crypto scam, Chinese investors involved ambcrypto.com /3 years ago
Show more
The website gocryptonft.com 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.
