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Chairman of the Hong Kong Securities and Futures Commission: plans to provide guidance for the digital asset treasury and study the issue of listed companies purchasing Bitcoin.
[Hong Kong Securities and Futures Commission Chairman: Plans to provide guidance for digital asset treasury and study the issue of listed companies purchasing Bitcoin] Hong Kong Securities and Futures Commission Chairman Huang Tianyou stated yesterday that there are currently no regulations in Hong Kong governing listed companies' participation in investing in Crypto Assets, and the situation will be monitored going forward, with plans to study providing relevant guidance for the market. Huang Tianyou added that there are currently no laws in Hong Kong regulating listed companies' participation in virtual asset treasury arrangements. For listed companies claiming to adopt digital asset treasury (DAT), Huang Tianyou urged investors to be cautious and clearly understand what DAT is and its underlying value, while also stating that the issue of listed companies purchasing Bitcoin will be studied.