In January, the SFC tightened regulations by restricting retail investors from accessing crypto spot ETFs, limiting them to professional investors with portfolios of at least 8 million HKD ($1 Million). Then, in October, the SFC updated its rule book to allow a broader range of investors to engage in spot-crypto and ETF investing, stipulating that they pass a knowledge test and meet net worth – though less than the professional investor threshold – requirements.
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November 06, 2023 at 10:35AM
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Hong Kong's Securities Regulator Now Considering Spot Crypto ETFs: Bloomberg - CoinDesk
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