The Hong Kong Securities and Futures Commission (SFC) has intensified monitoring of listed companies using digital asset treasuries to manage surplus cash or reshape their business models around cryptocurrencies. Chair Kelvin Wong highlighted risks associated with companies trading at premiums far above their crypto holdings' value, a concern echoed globally. In response, the SFC plans a public education campaign warning retail investors about the volatility and transparency challenges tied to token-heavy balance sheets. This regulatory stance aims to protect investor interests while preserving Hong Kong's position in regulated digital asset markets.
Continue to read Hong Kong Regulator Enhances Oversight on Crypto Treasury Strategies of Listed Firms
The Hong Kong Securities and Futures Commission (SFC) has intensified monitoring of listed companies using digital asset treasuries to manage surplus cash or reshape their business models around cryptocurrencies. Chair Kelvin Wong highlighted risks associated with companies trading at premiums far above their crypto holdings' value, a concern echoed globally. In response, the SFC plans a public education campaign warning retail investors about the volatility and transparency challenges tied to token-heavy balance sheets. This regulatory stance aims to protect investor interests while preserving Hong Kong's position in regulated digital asset markets.
Continue to read Hong Kong Regulator Enhances Oversight on Crypto Treasury Strategies of Listed Firms
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