SFC Restricts Retail Investors to Extremely Liquid Digital Sources

SFC Restricts Retail Investors to Extremely Liquid Digital Sources

SFC Restricts Retail Investors to Extremely Liquid Digital Sources
  • Julia Leung Fing-yee announced that the SFC has decided to restrict retail traders to highly liquid digital assets.
  • She modified into as soon as reluctant to present specs on the digital assets nonetheless stressed out that the traders may perchance perchance be allowed to change very most real looking the fundamental virtual assets.
  • Leung also added the metropolis’s point of curiosity on transferring itself correct into a virtual asset hub.

Reportedly, Hong Kong’s monetary regulator, the Securities and Futures Charge (SFC) has decided to restrict retail traders to “highly liquid” digital assets after the fresh licensing regime for virtual asset service suppliers (VASPs) is put into perform in June.

Final 365 days, the legislative council of Hong Kong announced that the metropolis has taken initiative to put a brand fresh licensing regime for VASPs, which is purported to commence functio …

The publish SFC Restricts Retail Investors to Extremely Liquid Digital Sources seemed first on Coin Edition.

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