Chairman of the Hong Kong Securities and Futures Commission: Plans to provide guidelines for digital asset treasuries and study the issue of listed companies purchasing bitcoin

ChainCatcher news, according to Wen Wei Po, Hong Kong Securities and Futures Commission Chairman Huang Tianyou stated yesterday that there are currently no regulations in Hong Kong governing listed companies' participation in cryptocurrency investments. He added that the SFC will continue to monitor the market situation and will consider providing relevant guidance for the market in the future.

Huang Tianyou further noted that there is currently no legislation in Hong Kong regulating listed companies' involvement in virtual asset treasury arrangements. Regarding listed companies claiming to adopt Digital Asset Treasury (DAT), Huang Tianyou urged investors to carefully understand what DAT is and the actual value behind it. He also mentioned that the SFC will study the issue of listed companies purchasing bitcoin.