Hong Kong’s Securities Regulator Now Contemplating Spot Crypto ETFs: Bloomberg

by Jeremy

In January, the SFC tightened laws by proscribing retail buyers from accessing crypto spot ETFs, limiting them to skilled buyers with portfolios of no less than 8 million HKD ($1 Million). Then, in October, the SFC up to date its rule guide to permit a broader vary of buyers to have interaction in spot-crypto and ETF investing, stipulating that they move a data check and meet internet price – although lower than the skilled investor threshold – necessities.

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