LATEST: Hong Kong Regulator Expanding Retail Access to Bitcoin Spot ETFs

Hong Kong’s Securities and Futures Commission (SFC) is considering permitting retail investors to purchase spot crypto Exchange Traded Funds (ETFs). SFC CEO Julia Leung expressed enthusiasm for innovative technology that enhances efficiency and customer experience. Hong Kong regulators have evolved their stance on retail exposure to digital assets this year, initially restricting access to professional investors and later allowing a broader range of investors who pass a knowledge test and meet net worth requirements. The SFC emphasizes the importance of appropriate safeguards and risk disclosure for issuers of listed crypto products.

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