Hong Kong Regulators Urge Caution Amid Crypto Hype
Hong Kong’s top financial regulators, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC), have issued a joint warning for investors to be cautious amid a surge in speculation around stablecoin licenses and the expansion of cryptocurrency exchange-traded funds (ETFs) in the city. The regulators noted “abrupt market movements” tied to … Read more