Hong Kong Securities Regulator Promises to Regulate Crypto Investment Funds30.79

The Securities and Futures Commission (SFC) of Hong Kong has claimed that it will include crypto funds under its regulatory umbrella.

The SFC issued a statement on November 1, 2018, laying out its new approach for regulating virtual assets in the future. The SFC granted that there are many inherent risks in investing in a new space like cryptoassets and set out to address these risks through new regulatory action.

Original source
https://bitcoinmagazine.com/articles/hong-kong-securities-regulator-promises-regulate-crypto-investment-funds/

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