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Hong Kong has been loosening its method to crypto this yr, and the regulators’ opinion on retail publicity to digital belongings has shifted. In October, the SFC up to date its rule ebook to permit a broader vary of traders to have interaction in spot-crypto and ETF investing. Then, final month, SFC Chief Government Officer Julia Leung mentioned the regulator was transferring towards permitting retail amidinvestors to purchase spot crypto ETFs and would “welcome proposals utilizing revolutionary know-how that reinforces effectivity and buyer expertise” supplied any dangers had been addressed.
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