May 16, 2024
Home Securities and Futures Commission
Crypto

Hong Kong needs to speed up approval of spot cryptocurrency exchange-traded funds after US launch, industry insiders say

  • January 14, 2024

Eleven spot bitcoin ETFs – including BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust and ARK 21Shares Bitcoin ETF, among others – began trading on Thursday, following the US Securities and Exchange Commission’s landmark approval that is expected to help bring the cryptocurrency industry closer to the more regulated world of traditional finance. Blackrock representatives ring

Read More
Crypto

Hong Kong prepares for retail access to spot cryptocurrency exchange-traded funds, boosting city’s virtual-asset hub ambitions

  • December 26, 2023

Hong Kong previously only allowed retail participation in cryptocurrency futures ETFs, which hold virtual-asset futures contracts, instead of direct investments in crypto tokens at their spot prices. 03:03 The cryptocurrency scandal gripping Hong Kong The cryptocurrency scandal gripping Hong Kong Hong Kong’s latest initiative shows the determination of policymakers to rebuild investors’ confidence in virtual

Read More