New rules have been introduced in Hong Kong to shield retail investors from risks associated with investing in crypto assets.
A report published by Pinsent Mason said measures outlined by the Securities and Futures Commission (SFC) in Hong Kong will impact both fund managers and distributors who operate in the city.
In a regulatory statement, the SFC had said volatility, liquidity, fraud and money laundering were among the risks associated with investing in crypto assets, and it highlighted limitations in Hong Kong’s regulatory regime to help it address those risks.
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