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

17:15

The probability of a 25 basis point interest rate cut by the Federal Reserve in December has risen to 82.9%.

16:45

BlackRock received 953 BTC and 15,722 ETH from Coinbase Prime

16:15

S&P Global: Lowers USDT's Dollar Pegging Capability to Lowest Level

16:15

Crypto Market Maker Portofino Technologies Hit by Wave of Employee Departures

16:15

Avail is launching the Nexus Mainnet, aiming to achieve cross-chain composability.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]