Chairman of the Securities and Futures Commission of Hong Kong: There are currently no regulations regulating listed companies’ investment in cryptocurrency, and they will study whether to provide guidance

According to Foresight News, according to Wen Wei Po, Huang Tianyou, chairman of the Hong Kong Securities Regulatory Commission, said that Hong Kong currently has no regulations to supervise the investment of listed companies in cryptocurrency, and will monitor the market situation and study whether it is necessary to provide relevant guidance. It called on investors to carefully identify the actual value of DAT (digital asset treasury) companies, emphasized the importance of investor education, and warned that premiums may disappear within a day due to inclusion in regulations. Currently, there is no clear red line for listed companies to invest in virtual currencies, and it is difficult for the China Securities Regulatory Commission to prohibit small-scale purchases of Bitcoin and other behaviors.
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