Asia Pacific's three major stock exchanges are resisting listed companies from making cryptocurrency hoarding their core business
2025-10-22 00:09:38
The three largest stock exchanges in the Asia-Pacific region, including Hong Kong Exchanges and Clearing, are resisting the trend of listed companies to hoard cryptocurrencies as their core business. The Hong Kong Stock Exchange in recent months has questioned plans by at least five companies to shift to a digital asset bank (DAT) strategy, citing violations of rules prohibiting holding large amounts of current assets. Exchanges in India and Australia have taken a similar stance, and no such companies have yet been approved.
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