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 ebook to permit a broader vary of buyers to interact in spot-crypto and ETF investing. Then, final month, SFC Chief Govt Officer Julia Leung mentioned the regulator was shifting towards permitting retail amidinvestors to purchase spot crypto ETFs and would “welcome proposals utilizing revolutionary know-how that reinforces effectivity and buyer expertise” supplied any dangers have been addressed.
