The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

A Hong Kong securities regulator proposes tighter regulation of cryptocurrency trading

News Snapshot:

– For residents of Hong Kong, investing in Bitcoin and other cryptocurrencies may become increasingly restricted as local officials try to crack down on the asset class for a variety of reasons – She said that crypto-assets do not fall within the SFC’s jurisdiction since they are not recognized as securities or payment methods – Hong Kong’s Financial Services and Treasury Bureau are contemplating restricting crypto access to portfolios with at least $1 million in assets, as data revealed in May For residents of Hong Kong, investing in Bitcoin and other cryptocurrencies may become increasingly restricted as local officials try…

Other China Tech Buzz: