Hong Kong Securities Regulatory Commission releases major regulations
After the first batch of Hong Kong virtual asset futures ETFs are released in December 2022, Hong Kong virtual asset spot ETFs may be on the way.

After the first batch of Hong Kong virtual asset futures ETFs are released in December 2022, Hong Kong virtual asset spot ETFs may be on the way.
On December 22, the official website of the Hong Kong Securities and Futures Commission announced the "Circular on Funds Involving Virtual Assets Recognized by the SFC", replacing the "Circular on Virtual Asset Futures Exchange Traded Funds" issued on October 31, 2022.
Specifically, the SFC has raised concerns about potential fraud involving Hong Kong DAO and BitCuped
SEBA received its in-principle approval in August, and has now received the full licence.
OKX's temporary absence of an SFC licence in Hong Kong may affect Stephen Chow's progress in entering Web3.
Upon final approval, SEBA will join the pioneer group of licensed entities in Hong Kong that will provide services for crypto investments.
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Last month, the watchdog gave the thumbs-up to Teucrium’s Bitcoin futures ETF, which is the first such vehicle to be approved under the ’33 Act.