May 16, 2024
Crypto

Hong Kong eyes ‘more flexible’ path in regulating spot cryptocurrency ETFs as US races ahead with approvals

Hong Kong is set to develop a more flexible regime for cryptocurrency exchange-traded funds (ETFs), even though the US leads in both approval speed and market size, experts said. A key difference between Hong Kong’s proposed rules for spot cryptocurrency ETFs and products approved in the US is that Hong Kong will allow both cash

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Crypto

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

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

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