The Securities and Futures Commission (SFC) Reverses Stance on Spot-Crypto, Crypto ETF Investing

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The Securities and Futures Commission (SFC) Reverses Stance on Spot-Crypto, Crypto ETF Investing

Hong Kong’s ambitions to become a virtual asset hub became apparent when it implemented a new regulatory regime in June, accepting applications for crypto trading platform licenses. It granted the first set of licenses in August, allowing exchanges to serve retail customers. That was a U-turn after 18 months of hostility toward crypto. www.coindesk.com

Hong Kong’s ambitions to become a virtual asset hub became apparent when it implemented a new regulatory regime in June, accepting applications for crypto trading platform licenses. It granted the first set of licenses in August, allowing exchanges to serve retail customers. That was a U-turn after 18 months of hostility toward crypto.

www.coindesk.com

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