Hong Kong reconsiders stance on tokenised securities and crypto ETFs

Contrasts mainland China

Elliot Gulliver-Needham
clock • 1 min read

Hong Kong’s financial regulator has said that it is reconsidering the region’s policy towards virtual assets, in sharp contrast to mainland China’s ban on crypto.

Hong Kong's government issued a policy statement on virtual assets today (31 October), stating that the Securities and Futures Commission would be conducting a public consultations on how retail investors may be given access to virtual assets, as well as the possibility of having crypto ETFs on the market. The government's statement added it "is open to future review on property rights for tokenised assets and the legality of smart contracts," standing in sharp contrast to mainland China's ban on all crypto activity last year. Equiduct expands ETP offerings to include crypto and fix...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week