Hong Kong Regulator Considers Allowing Retail Crypto ETFs with Risk Disclosures
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Hong Kong securities regulator considering allowing retail investors to buy spot crypto ETFs.
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Regulator has shifted stance on retail access to crypto throughout 2022, from restricting to considering expanding access.
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Regulator says it welcomes innovation if risks addressed; wants to expand retail access gradually.
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Crypto product issuers would need to publish risk disclosure statements under new rules.
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Regulator says it will open up more crypto access to public as ecosystem evolves and comfort level rises.