logo

HKEX Responds to Tightened Regulation of Crypto Custodians: Ensuring Substantive Business Operations

By: theblockbeats.news|2025/10/22 04:45:54

BlockBeats News, October 22nd. In response to a previous Bloomberg report on "Tightening Regulation by Three Major Securities Exchanges in the Asia-Pacific Region Hampers Transformation of Crypto Treasury (DAT) Companies," a Hong Kong Stock Exchange spokesperson has responded, stating that the Hong Kong Stock Exchange's framework ensures that the business and operations of all applicants seeking listings and those already listed are viable, sustainable, and substantive.


It is reported that the Hong Kong Stock Exchange has recently questioned the strategic plans of at least five companies shifting towards becoming Crypto Treasury (DAT) companies, citing violations of regulations prohibiting the holding of large amounts of liquid assets.

Bloomberg: Top 3 Asian Exchanges Are Boycotting "Crypto Treasury" Firm
Qwen turned the tide with a 25% ROI to follow Grok closely, while Claude went from profit to loss.

You may also like

Share
copy

Gainers

Latest Crypto News

07:45

Data: Significant On-Chain Accumulation of chips occurred in the $84,000 to $85,000 range, with two remaining resistance levels above.

07:15

South Korea: Two Police Officers Indicted in $186 Million Cryptocurrency Laundering Case

07:15

PDAX: Philippines' Tokenized Asset Market Expected to Reach $60 Billion by 2030

07:15

On-Chain Meme Coin "emo" Surges 290% in 24 Hours, Reaching a Market Cap of $570,000

07:15

South Korea to Enhance Cryptocurrency Anti-Money Laundering Regulation, Covering Small Transactions of Less Than 1 Million KRW

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com