The regulatory agency’s main concern was the rise of unregulated collective investment schemes in NFTs.
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The regulatory agency’s main concern was the rise of unregulated collective investment schemes in NFTs.
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The Securities and Futures Commission of Hong Kong has announced new plans to regulate the cryptocurrency industry. The regulator issued two circulars on Thursday outlining new rules for crypto exchanges as well as crypto asset portfolio managers, intermediaries, and fund distributors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Regulatory Approach The Hong […]
The post Hong Kong Regulator Announces New Plans for Cryptocurrency Industry appeared first on Bitcoin News.
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Cryptocurrency falls into a legislative gray area in many jurisdictions, which is why governments should take a particularly nuanced approach to developing regulatory frameworks for crypto trading, the outgoing chairman of Hong Kong’s securities regulator said in a recent interview. Also Read: Fidelity Launching Crypto Custody and Trading Services Key Challenge for Legislators “We have to […]
The post Hong Kong Regulator: Cryptocurrencies ‘May Not Qualify as Securities’ appeared first on Bitcoin News.
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In recent news pertaining to cryptocurrency exchanges, Noble Bank is looking to sell after reportedly losing Bitfinex and Tether as clients, Bitmex has announced the former compliance head of Hong Kong Exchanges and Clearing Limited as its new chief operating officer, and Huobi’s director of research into blockchain applications has discussed the company’s goals for […]
The post Exchanges Roundup: Tether, Bitfinex Drop Noble Bank, Bitmex Hires COO appeared first on Bitcoin News.
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Hong Kong’s Securities and Futures Commission (SFC) has halted Black Cell Technology Limited from issuing its initial coin offering (ICO) in Hong Kong. Black Cell has agreed to distribute refunds to Hong Kong-based investors. Also Read: Bittrex to Delist 82 Altcoins at End of March Black Cell ICO Halted in Hong Kong Hong Kong’s SFC has […]
The post Hong Kong Regulator Halts Black Cell ICO appeared first on Bitcoin News.
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