The SFC sets out regulatory requirements in a Statement on Regulatory Framework for Virtual Assets Portfolios Managers, Fund Distributors and Trading Platform Operators (the Regulatory Framework Statement).

The SFC’s “Statement on regulatory framework for virtual asset portfolio managers, fund distributors and trading platform operators” sets out its proposals for the potential regulation of crypto exchanges.

On 19 March 2018, the Securities and Futures Commission (SFC) issued a press release stating that Black Cell Technology Limited (Black Cell) halted its initial coin offering (ICO) to the Hong Kong public as a result of regulatory action by the SFC. The SFC considered...

A key issue surrounding cryptocurrencies is whether they are regarded as securities and thus subject to an extensive regulatory regime. On 5 September 2017, Hong Kong’s SFC issued a statement on ICOs.

The Securities and Futures Commission (SFC) issued a Circular on 11 December 2017 stating that it regards Bitcoin futures contracts traded on U.S. futures and commodities exchanges (Bitcoin Futures) as “futures contracts” for the purposes of the Securities…