Hong Kong has introduced new rules for the crypto industry!
From now on, custodians, investment advisers, and asset managers will all need licenses—not just exchanges.
The key focus is regulating private-key custody, bringing asset security and accountability in line with traditional finance, and easing institutions’ biggest concerns.
The consultation summary is now out, and the legislative proposal is expected to be submitted to the Legislative Council this year.
The rules won’t take effect immediately, but in the medium to long term, they’re a real boost to confidence in the industry. Once compliant custody is in place, traditional investors will feel safe allocating funds to Bitcoin and Ether.
As this regulatory framework takes shape, it will gradually reshape the flow of capital across the crypto market. Join the chatroom to keep up with how this policy could catalyze ETH.
#币安安全事件恢复进展：98%被盗资产已回填 $ETH
From now on, custodians, investment advisers, and asset managers will all need licenses—not just exchanges.
The key focus is regulating private-key custody, bringing asset security and accountability in line with traditional finance, and easing institutions’ biggest concerns.
The consultation summary is now out, and the legislative proposal is expected to be submitted to the Legislative Council this year.
The rules won’t take effect immediately, but in the medium to long term, they’re a real boost to confidence in the industry. Once compliant custody is in place, traditional investors will feel safe allocating funds to Bitcoin and Ether.
As this regulatory framework takes shape, it will gradually reshape the flow of capital across the crypto market. Join the chatroom to keep up with how this policy could catalyze ETH.
#币安安全事件恢复进展：98%被盗资产已回填 $ETH
