Hong Kong has been loosening its strategy to crypto this 12 months, and the regulators’ opinion on retail publicity to digital property has shifted. In October, the SFC up to date its rule guide to permit a broader vary of buyers to interact in spot-crypto and ETF investing. Then, final month, SFC Chief Government Officer Julia Leung mentioned the regulator was shifting towards permitting retail amidinvestors to purchase spot crypto ETFs and would “welcome proposals utilizing modern know-how that enhances effectivity and buyer expertise” offered any dangers have been addressed.
