The Hong Kong stock exchange trading floor. The securities regulator has questioned whether digital currency tokens often issued to raise funds may in fact be securities, meaning issuers would be required to be registered. Photo: AP

Hong Kong regulator trains sights on digital currency fundraising a day after China bans it

The Securities and Futures Commission says that in some cases digital tokens issued in an Initial Coin Offering may be classed as securities and would mean issuers had to be licensed

Topic |   SFC

TOP PICKS

The Hong Kong stock exchange trading floor. The securities regulator has questioned whether digital currency tokens often issued to raise funds may in fact be securities, meaning issuers would be required to be registered. Photo: AP
READ FULL ARTICLE