Hong Kong’s SFC Has Received Multiple Requests for Crypto ETFs

Hong Kong’s SFC Has Received Multiple Requests for Crypto ETFs
In recent months, the Hong Kong Securities and Futures Commission (SFC) has received “a number” of requests from local companies that want to offer crypto-related exchange-traded funds (ETFs) to their private bank and professional clients, SFC’s Deputy Chief Executive Officer & Executive Director Julia Leung said.Speaking at Hong Kong Fintech Week, the SFC director gave a “glimpse” of the regulatory issues involved with ETFs; should retail users be allowed access to crypto ETFs through online brokers, and should they face additional restrictions compared to non-crypto ETFs.However, she did not give any indication on the regulator’s decisions on ETFs.The SFC is…