Hong Kong financial regulator issues guidelines for crypto futures ETFs

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Hong Kong financial regulator issues guidelines for crypto futures ETFs
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Crypto futures ETFs could be a reality in Hong Kong thanks to new regulation requirements.

, including those aimed at nonfungible tokens, green bond tokenization, and a digital Hong Kong dollar.“We recognise the potential of DLT and Web 3.0 to become the future of finance and commerce, and under proper regulation they are expected to enhance efficiency and transparency.

The Government is prepared to embrace this future, and we welcome the clustering of Fintech and VA community and talents in Hong Kong, and we will promote the sustainable development of financial services across the whole VA value chain.”Hong Kong’s policy aims would seemingly put it on a different path than China, despite the political lines between the special administrative region and bordering nation becoming more blurred in recent years.

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