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

November 6, 2023
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In January, the SFC tightened laws by proscribing retail traders from accessing crypto spot ETFs, limiting them to skilled traders with portfolios of not less than 8 million HKD ($1 Million). Then, 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, stipulating that they move a data check and meet internet value – although lower than the skilled investor threshold – necessities.



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Tags: BloombergcryptoETFsHongKongsRegulatorSecuritiesspot
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