Hong Kong Regulator Responds to Soaring Demand with New Tokenized Investment Guidelines

In a circular, the SFC of Hong Kong established the business prerequisites for providing tokenized securities and other investment products.
Key Takeaways Regulatory authorities in Hong Kong are currently evaluating the feasibility of enabling retail investor access to spot ETFs investing in cryptocurrencies, with a focus on addressing regulatory concerns effectively. Securities and Futures Commission Chief Executive Officer Julia Leung,…