Hong Kong Securities Supervision Commission: Every link in the operation of virtual asset ETF products requires institutional licensing and recognition
2024-04-30 06:27:31
The official website of the Hong Kong Securities Supervision Commission announced Cai Fengyi's "speech at the listing ceremony of the first batch of Bitcoin and Ethereum spot ETFs", which pointed out that the Hong Kong Securities Supervision Commission has also formulated a more comprehensive regulatory framework than other regions. In the operation of approved ETF products, every link of the entire virtual asset ecosystem (including fund companies, custodian banks, asset trading platforms, participating securities firms, etc.) is required to be a licensed or authorized institution of the Hong Kong Securities Supervision Commission, and must strictly abide by the requirements of approved public investment products in terms of asset custody, liquidity, valuation, information disclosure, investor education, etc.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Ultiverse金芯片NFT销售存款超1.5万枚ETH，价值超4900万美元
