Hong Kong's securities regulator says funds investing 10%+ of their portfolios in crypto will need a licence and proposes new rules for crypto exchanges (Yogita Khatri/CoinDesk)

Yogita Khatri / CoinDesk:
Hong Kong's securities regulator says funds investing 10%+ of their portfolios in crypto will need a licence and proposes new rules for crypto exchanges  —  Hong Kong's Securities and Futures Commission (SFC) says it will bring crypto funds under its securities regulations to improve investor protection.



from Techmeme http://www.techmeme.com/181101/p37#a181101p37