view original post Hong Kong financial regulators have published new guidance for intermediaries looking to offer virtual asset-linked products like exchange-traded funds (ETF) to investors. The new rules single out products like spot ETFs that track the current price of assets like bitcoin and allow immediate buying or selling for additional restrictions. According to a circular published Friday, the Hong Kong Monetary Authority (HKMA) and Securities and Futures Commission (SFC) determined spot markets for virtual assets are “largely unregulated at present, [so] they are more likely to present investor protection issues, ranging from a lack of pricing transparency to potential…