Hong Kong's financial regulators, particularly the Hong Kong Stock Exchange (HKEX), are taking a strict stance against companies that seek to operate primarily as Digital Asset Treasuries (DATs)—firms that hold a significant portion of their capital in cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH).
Read MoreHong Kong has made history by approving the world's first Solana (SOL) spot Exchange-Traded Fund (ETF), issued by ChinaAMC (Hong Kong).
Read Morerypto fans are anticipating the introduction of spot exchange-traded funds linked to Bitcoin in Hong Kong tomorrow with great anticipation, and the ETF craze is still going strong.
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