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Hong Kong’s SFC Releases Regulations for Crypto Fund Managers

Published 10/06/2019, 07:42 PM
Updated 10/06/2019, 08:01 PM
Hong Kong’s SFC Releases Regulations for Crypto Fund Managers

Hong Kong's securities regulator, the Securities and Futures Commission (SFC), has officially released regulations for crypto fund managers. The SFC published the regulatory circular on its website on Oct. 4.

In the 37-page document titled “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets,” the SFC provided terms and conditions for corporations managing portfolios that invest in virtual assets.

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