EU plans to ban large anonymous transfers of cryptocurrency as an anti-money laundering measure 20 July 2021
The SFC’s new regulations for licensed crypto exchanges focus on investor protection to ensure that clients of professional investors have sufficient knowledge of virtual asset investments.
The Stock Exchange of Hong Kong (HKEx) published a Research Report: Hong Kong’s ETF Market as a Door to Global Investment in September 2019 highlighting Hong Kong’s potential as Asia’s exchange traded funds (ETF) marketplace for the issue and trading of ETFs. With...
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...
The SFC sent letters to seven cryptocurrency exchanges in Hong Kong notifying them that they should not trade cryptocurrencies which are securities as defined under the SFO unless they are licensed by the SFC.