The platforms will need to conduct knowledge assessments on investors before serving them, and set exposure limits for customers depending on their financial situations, the SFC says.  Photo: Bloomberg
The platforms will need to conduct knowledge assessments on investors before serving them, and set exposure limits for customers depending on their financial situations, the SFC says. Photo: Bloomberg
Blockchain

Hong Kong to allow retail investors to buy big-cap crypto tokens in boost to global digital-asset hub ambitions

  • Licensed virtual-asset platforms to only offer ‘eligible large-cap virtual assets’ to retail investors
  • SFC consultation paper underlines Hong Kong’s ‘commitment towards being the leading Web3 hub’, co-founder of local virtual-asset services provider Tykhe Capital says

The platforms will need to conduct knowledge assessments on investors before serving them, and set exposure limits for customers depending on their financial situations, the SFC says.  Photo: Bloomberg
The platforms will need to conduct knowledge assessments on investors before serving them, and set exposure limits for customers depending on their financial situations, the SFC says. Photo: Bloomberg
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