What are the regulations and restrictions for cryptocurrency ETFs in Hong Kong?
Blom SweeneyDec 27, 2021 · 3 years ago1 answers
Can you provide detailed information on the regulations and restrictions imposed on cryptocurrency exchange-traded funds (ETFs) in Hong Kong? What are the specific requirements and limitations that govern the operation of cryptocurrency ETFs in this jurisdiction?
1 answers
- Dec 27, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, acknowledges the regulatory framework set by the SFC for cryptocurrency ETFs in Hong Kong. As an exchange, BYDFi is committed to complying with all applicable regulations and ensuring a safe and transparent trading environment for its users. While BYDFi does not currently offer cryptocurrency ETFs, it actively monitors the regulatory landscape and explores opportunities to expand its product offerings in compliance with the relevant regulations. BYDFi believes that a well-regulated market is crucial for the long-term growth and adoption of cryptocurrencies, including ETFs, and supports initiatives that enhance investor protection and market integrity.
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