Regulators in Hong Kong will soon decide which crypto tokens its citizens can invest in amid a raft of new digital asset policies coming this year.
The move is the latest crypto regulatory step taken by Hong Kong in a market that has a long association with significant digital asset trading volume.
Hong Kong to Issue Consultation Paper
Hong Kong’s Securities and Futures Commission (SFC) is preparing a list of crypto assets open to retail traders, Reuters reported on Wednesday. The SFC’s new CEO, Julia Leung Fung-yee, said these whitelisted crypto tokens will be highly liquid ones deemed safe enough for non-professional investors. Leung made these comments during a panel session at the Asian Financial Forum held in Hong Kong on Jan. 11.
“Some virtual assets platforms haveRead More »