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Hong Kong has been loosening its method to crypto this 12 months, and the regulators’ opinion on retail publicity to digital property has shifted. In October, the SFC up to date its rule e-book to permit a broader vary of traders to have interaction in spot-crypto and ETF investing. Then, final month, SFC Chief Govt Officer Julia Leung mentioned the regulator was shifting towards permitting retail amidinvestors to purchase spot crypto ETFs and would “welcome proposals utilizing revolutionary expertise that reinforces effectivity and buyer expertise” offered any dangers have been addressed.
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