Tag

Securities And Futures Commission

All articles tagged with #securities and futures commission

Hong Kong's Securities Regulator Explores Spot Crypto ETFs and Fintech Solutions
cryptocurrency2 years ago

Hong Kong's Securities Regulator Explores Spot Crypto ETFs and Fintech Solutions

Hong Kong's Securities and Futures Commission (SFC) is considering allowing retail investors to purchase spot crypto Exchange Traded Funds (ETFs), as long as new risks are addressed. The SFC has taken a progressive approach to crypto throughout the year, initially restricting retail investors from accessing crypto spot ETFs but later updating its rules to allow a broader range of investors to engage in spot-crypto and ETF investing. Issuers of listed crypto products would need to publish risk disclosure statements.

Hong Kong Embraces Crypto Trading with New Regulations and Access for Retail Investors.
cryptocurrency-regulation2 years ago

Hong Kong Embraces Crypto Trading with New Regulations and Access for Retail Investors.

Hong Kong's Securities and Futures Commission (SFC) will begin accepting applications for crypto trading platform licenses on June 1, allowing licensed virtual asset providers to serve retail investors, provided that operators assess understanding of the risks involved. The SFC also proposed stablecoins should not be admitted for retail trading until the jurisdiction's planned regulations for the asset class kick in. The guidelines place the onus squarely on platform operators to conduct due diligence, stressing that being included in two acceptable indices is just the minimum criterion for being listed for trading.