Chairman of the Hong Kong Securities and Futures Commission: Plans to provide guidance for digital asset treasury and study the issue of listed companies purchasing Bitcoin

ChainCatcher news, according to Hong Kong Wen Wei Po, the chairman of the Hong Kong Securities and Futures Commission, Huang Tianyou, stated yesterday that there are currently no regulations governing listed companies' participation in cryptocurrency investments in Hong Kong. The commission will monitor market conditions and study how to provide relevant guidelines for the market.

Huang Tianyou added that there are currently no laws regulating listed companies' participation in virtual asset treasury arrangements. For listed companies claiming to adopt Digital Asset Treasury (DAT), Huang urged investors to be cautious and clearly understand what DAT is and its underlying value. He also mentioned that they will study the issue of listed companies purchasing Bitcoin.