Asia-Pacific Region's Top Three Stock Exchanges Tighten Regulation, Crypto Treasury (DAT) Company's Transformation Hindered
BlockBeats News, October 22nd, according to Bloomberg, the three major stock exchanges in the Asia-Pacific region, including the Hong Kong Stock Exchange, are resisting the trend of listed companies hoarding cryptocurrency as a core part of their business. In recent months, the Hong Kong Stock Exchange has questioned the strategic plans of at least five companies to shift towards becoming Cryptocurrency Asset Treasury (CAT) companies, citing violations of regulations prohibiting holding a large amount of liquid assets. Exchanges in India and Australia have also taken a similar stance, adding more resistance to listed companies transitioning into Cryptocurrency Asset Treasury (CAT) companies.
You may also like
Gainers
Latest Crypto News
The probability of a rate hike by the Bank of Japan in December has surged to 85%, making monetary policy tightening almost a certainty.
The AZTEC Token Sale has successfully locked 12,500 ETH and will commence its public sale today.
PIPPIN's Counter-trend Rally Surpasses $200 Million in Market Cap, with a 24-hour Gain of 42.3%
GANA Payment has announced that they will fully compensate $3.1 million and will restart operations on December 2nd.
Solana Ecosystem Meme Coin KABUTO Surpasses $13 Million Market Cap Briefly, with a 327% Price Increase in 24 Hours
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com