The post Hong Kong Regulator Considers Allowing Retail Investors to Buy Spot Crypto ETFs! appeared first on Coinpedia Fintech News
Hong Kong’s Securities and Futures Commission (SFC) is considering allowing retail investors to purchase spot crypto ETFs, according to the regulator’s CEO, Julia Leung. The authority has taken a progressive approach to cryptocurrencies throughout the year, with the move potentially opening up access to digital assets for a broader range of investors. In January, the SFC tightened investment restrictions, limiting the buying of crypto spot ETFs to professional investors with portfolios of at least $1 million.However, in October, it expanded investor access, subject to a knowledge test and net worth requirements below the professional threshold.
#CryptoLiveNews #Cryptonews [Source: Coinpedia]