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Hong Kong has been loosening its strategy to crypto this 12 months, and the regulators’ opinion on retail publicity to digital belongings has shifted. In October, the SFC up to date its rule e-book to permit a broader vary of buyers to have interaction in spot-crypto and ETF investing. Then, final month, SFC Chief Government Officer Julia Leung stated the regulator was transferring towards permitting retail amidinvestors to purchase spot crypto ETFs and would “welcome proposals utilizing revolutionary expertise that reinforces effectivity and buyer expertise” supplied any dangers have been addressed.
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