Hong Kong's Securities Association Proposes Crypto Self-Regulation to Boost Financial Markets / is on Nostr

Hong Kong's efforts to manage virtual asset risks and approval of Bitcoin and Ethereum ETFs

Last Notes

2024-06-13 21:58:10

SEC Chair Expects Ether ETFs to Go Live by End of Summer
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#7105da06 ver:0.41
SEC Chair Gary Gensler expects Ether ETFs to launch by end of summer, further integrating cryptocurrencies into traditional finance. The approval of Bitcoin and Ethereum ETFs in Hong Kong and the anticipated approval of Ether ETFs in the US demonstrate the growing accessibility and legitimacy of digital assets. This move is expected to attract more institutional and retail investors, driving the growth of the crypto market. However, the market remains under pressure due to the Fed's hawkish stance and lack of sustained upward movement. #EtherETF #cryptocurrency #SEC #finance...
#newstr #EtherEtfs #Sec #GaryGensler #Ethusd
https://here.news/story/7105da06?ver=0.41

2024-06-13 19:00:41

Hong Kong Approves Bitcoin and Ethereum ETFs, Ripple CEO Expects SEC Approval for Spot XRP ETF
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#7105da06 ver:0.4
Hong Kong approves Bitcoin and Ethereum ETFs, positioning itself as a global hub for digital assets. The move reflects the growing acceptance of cryptocurrencies in traditional finance. Ripple CEO expects SEC approval for spot XRP ETF next year. The approval of these ETFs is expected to attract more investors to the crypto market. Hong Kong also considers incorporating staking for ETH ETFs. Cryptocurrency markets under pressure as Fed signals only one rate cut this year....
#newstr #HongKong #Bitcoin #Ethereum #Etfs #Ripple #Sec #Xrp #CryptoMarket
https://here.news/story/7105da06?ver=0.4

2024-06-08 23:59:00

Hong Kong Approves Bitcoin and Ethereum ETFs, Ripple CEO Expects SEC Approval for Spot XRP ETF
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#7105da06 ver:0.39
Hong Kong approves Bitcoin and Ethereum ETFs, positioning itself as a global hub for digital assets. The move reflects the growing acceptance of cryptocurrencies in traditional finance. Ripple CEO expects SEC approval for a spot XRP ETF next year. The approval of these ETFs is expected to attract more investors and drive the growth of the digital asset ecosystem. Hong Kong's strategy to establish itself as a global digital-asset hub is progressing. #Bitcoin #Ethereum #ETFs #XRP #cryptocurrency #HongKong #finance...
#newstr #HongKong #Bitcoin #Ethereum #Etf #Ripple #Sec #Xrp #Cryptocurrencies
https://here.news/story/7105da06?ver=0.39

2024-05-24 03:11:36

Hong Kong Considers Staking for Ether ETFs, Diverging from US Stance
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#7105da06 ver:0.38
Hong Kong's securities regulator has conditionally approved the city's first spot Bitcoin and Ethereum exchange-traded funds (ETFs), positioning Hong Kong as a global hub for digital assets. The approval allows mainstream investors to gain exposure to the cryptocurrency market through regulated financial instruments. This move reflects the growing acceptance of cryptocurrencies in traditional financial systems and demonstrates Hong Kong's commitment to providing regulated investment opportunities in the crypto space. The approval of Bitcoin and Ethereum ETFs is expected to attract more institutional and retail investors, driving the growth of the digital asset ecosystem. Hong Kong is also considering incorporating an Ether staking option for ETF issuers, diverging from the US stance. #HongKong #ETFs #cryptocurrency...
#newstr #HongKong #Ether #Etfs #Staking #UsSec
https://here.news/story/7105da06?ver=0.38

2024-04-22 21:18:44

Hong Kong's Securities Association Proposes Crypto Self-Regulation to Boost Financial Markets
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#7105da06 ver:0.36
Hong Kong's securities regulator, the Hong Kong Securities and Futures Commission (SFC), has conditionally approved the city's first spot Bitcoin and Ethereum exchange-traded funds (ETFs) . This landmark approval allows mainstream investors to use regulated financial instruments to gain exposure to the cryptocurrency market, positioning Hong Kong as a global hub for digital assets .
The approval was granted to three offshore Chinese asset managers, including the Hong Kong units of Harvest Fund Management, Bosera Asset Management, and China Asset Management. These asset managers have received conditional approvals from the SFC to launch virtual asset spot ETFs .
The move reflects the growing acceptance and integration of cryptocurrencies into traditional financial systems. It also demonst...
#newstr #HongKong #SecuritiesAssociation #CryptoSelfregulation #FinancialMarkets
https://here.news/story/7105da06?ver=0.36