CoinVoice has recently learned that according to TVB News, the Hong Kong Securities and Futures Commission has approved at least three fund companies to cooperate with licensed exchanges to allow citizens to purchase spot Bitcoin and Ethereum with securities accounts.
Currently, investors who want to buy virtual currencies need to open an account at a virtual currency exchange. Several fund companies announced that they have been granted licenses by the Hong Kong Securities and Futures Commission and have cooperated with two licensed exchanges on the market to launch virtual asset fund products, which means that citizens can directly use their securities accounts to buy spot Bitcoin and Ethereum without opening an account at an exchange. Some industry insiders believe that the new measures will help promote the development of virtual asset transactions and increase tax revenue. [Original link]
