Clarification around HK's virtual assets policy comes amid FTX collapse

Hong Kong’s regulators are moving towards the acceptance of virtual assets, with their latest statements suggesting plans to open the industry to more types of investors soon.

While proposed changes to Hong Kong’s virtual assets (VA) regime by the city’s regulators – as announced at the city’s recent Fintech Week event – may fall short on detail, they indicate a movement towards the broader acceptance of the virtual asset class, experts believe.

¬ Haymarket Media Limited. All rights reserved.

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