The three major stock exchanges in the Asia-Pacific region resist listed companies turning to cryptocurrency treasury (DAT) companies

According to ChainCatcher, Bloomberg reports that the three major stock exchanges in the Asia-Pacific region, including the Hong Kong Stock Exchange, are resisting the trend of listed companies hoarding cryptocurrencies as a core business. The Hong Kong Stock Exchange has recently questioned the strategic plans of at least five companies transitioning to crypto treasury (DAT) companies, citing violations of regulations prohibiting the holding of large amounts of liquid assets. Stock exchanges in India and Australia have also taken a similar stance, providing greater resistance to listed companies transforming into crypto treasury (DAT) companies.