Virtual assets like Bitcoin [BTC] to now be more regulated – SFC Hong Kong

Virtual assets like Bitcoin [BTC] to now be more regulated – SFC Hong Kong

On 1st November, the Hong Kong Securities and Futures Commission [SFC] announced that virtual assets will now see a new regulatory approach by the body. The SFC defined virtual assets as “a digital representation of value. Examples include ‘cryptocurrencies’, ‘crypto-assets’ and ‘digital tokens’. Furthermore, the regulatory authority opened the announcement by stating that this move […]

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