
Hong Kong regulators have halted several corporate shifts toward holding crypto in treasuries, citing investor protection and potential market bubble concerns.
Hong Kong’s Securities and Futures Commission has reportedly blocked at least five publicly listed firms from adopting digital asset treasury models. The regulator is assessing whether to establish formal guidelines to prevent valuation bubbles and safeguard retail investors. This follows earlier statements from SFC Chairman Huang Tianyou noting the absence of laws governing corporate cryptocurrency investments and the need for clearer rules on corporate Bitcoin purchases and digital asset reserves.