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NEWS UPDATE: Hong Kong SFC Continues Dialogue on Clarifying Virtual Asset Regulations
New York, NY – December 12, 2025 – 03:20 AM EST
In a concerted effort to maintain clarity and stability in its burgeoning digital asset sector, the Securities and Futures Commission ($SFC$) of Hong Kong is currently engaged in crucial discussions regarding virtual asset regulation.
$BNB
$ASTER
$AT
Throughout December $2025$, the SFC has been actively meeting with various professional associations and industry bodies. The central goal of these dialogues is to clarify existing regulatory boundaries and explore potential expansions of the rules governing virtual assets within the territory.
This ongoing engagement reflects the SFC's proactive approach to regulating the rapidly evolving crypto market. By consulting with industry experts, the regulator aims to ensure that its rules are both effective in protecting investors and practical for licensed businesses to implement.
This continuous process of refining and expanding the regulatory framework is key to Hong Kong’s strategy of establishing a transparent and compliant environment. It reinforces the commitment to positioning the territory as a sophisticated global financial center that embraces digital innovation while rigorously mitigating systemic risks.
#SFC #CryptoRegulation #VirtualAssets #HongKongFinance
New York, NY – December 12, 2025 – 03:20 AM EST
In a concerted effort to maintain clarity and stability in its burgeoning digital asset sector, the Securities and Futures Commission ($SFC$) of Hong Kong is currently engaged in crucial discussions regarding virtual asset regulation.
$BNB
$ASTER
$AT
Throughout December $2025$, the SFC has been actively meeting with various professional associations and industry bodies. The central goal of these dialogues is to clarify existing regulatory boundaries and explore potential expansions of the rules governing virtual assets within the territory.
This ongoing engagement reflects the SFC's proactive approach to regulating the rapidly evolving crypto market. By consulting with industry experts, the regulator aims to ensure that its rules are both effective in protecting investors and practical for licensed businesses to implement.
This continuous process of refining and expanding the regulatory framework is key to Hong Kong’s strategy of establishing a transparent and compliant environment. It reinforces the commitment to positioning the territory as a sophisticated global financial center that embraces digital innovation while rigorously mitigating systemic risks.
#SFC #CryptoRegulation #VirtualAssets #HongKongFinance
🇭🇰 LATEST: Hong Kong’s Securities and Futures Commission (SFC) has introduced stricter custody rules for virtual asset trading platforms.
The new framework aims to enhance investor protection, requiring platforms to segregate client assets, strengthen risk management, and comply with higher operational standards.
This move positions Hong Kong as a tightly regulated but growing crypto hub, balancing innovation with stricter safeguards for market participants.
#HongKong #SFC #DigitalAssets #MarketTurbulence #BinanceAlphaAlert $BNB
$SOL
@Binance News @binance
The new framework aims to enhance investor protection, requiring platforms to segregate client assets, strengthen risk management, and comply with higher operational standards.
This move positions Hong Kong as a tightly regulated but growing crypto hub, balancing innovation with stricter safeguards for market participants.
#HongKong #SFC #DigitalAssets #MarketTurbulence #BinanceAlphaAlert $BNB
$SOL
@Binance News @binance
Hong Kong Tightens Crypto Rules: Key Takeaways from the SFC’s New Framework
🔍 The Securities and Futures Commission (SFC) of Hong Kong has released a comprehensive policy statement that reshapes the regulatory landscape for:
- Virtual asset (VA) portfolio managers,
- Crypto-focused investment funds and distributors,
- Exchanges and trading platforms operating with digital assets.
🚨 What’s it about?
The SFC is introducing mandatory licensing and compliance standards for crypto-related activities — even if the tokens involved don’t qualify as “securities” under traditional legal definitions.
🔑 Key Highlights:
1. VA Funds and Managers:
Any fund with ≥10% of AUM in crypto must:
- Be licensed,
- Follow strict rules on custody, audits, disclosures, and AML/CFT,
- Serve professional investors only.
2. Fund Distribution:
- Distribution of VA funds (whether or not they include “securities”) is restricted to licensed Type 1 intermediaries.
- Full compliance with suitability and disclosure obligations is required.
3. Crypto Exchanges and Platforms:
The SFC is launching a Regulatory Sandbox for platforms willing to meet high regulatory standards.
Key conditions include:
- Access restricted to professional investors,
- Pre-funded trades only (no margin, no derivatives),
- Robust KYC/AML, custody rules, anti-manipulation safeguards,
- Mandatory insurance (100% hot wallet, ≥95% cold wallet).
📊 Why Does This Matter?
- A gateway to Asia’s Web3 market: Hong Kong aims to become a regulated crypto hub.
- Grey zones are closing: Unlicensed players risk exclusion.
- Reputation matters: SFC licensing can be a major credibility boost for projects, especially when seeking exchange listings or capital.
⚖️ Final Note from Legal Kornet
Legal Kornet monitors key regulatory developments across Hong Kong, the EU, the U.S., and other major jurisdictions. We support projects, funds, and platforms in aligning with SFC requirements — including navigating the licensing process and the Regulatory Sandbox.
#CryptoLaw #SFC #HongKong #CryptoCompliance #Web3
- Virtual asset (VA) portfolio managers,
- Crypto-focused investment funds and distributors,
- Exchanges and trading platforms operating with digital assets.
🚨 What’s it about?
The SFC is introducing mandatory licensing and compliance standards for crypto-related activities — even if the tokens involved don’t qualify as “securities” under traditional legal definitions.
🔑 Key Highlights:
1. VA Funds and Managers:
Any fund with ≥10% of AUM in crypto must:
- Be licensed,
- Follow strict rules on custody, audits, disclosures, and AML/CFT,
- Serve professional investors only.
2. Fund Distribution:
- Distribution of VA funds (whether or not they include “securities”) is restricted to licensed Type 1 intermediaries.
- Full compliance with suitability and disclosure obligations is required.
3. Crypto Exchanges and Platforms:
The SFC is launching a Regulatory Sandbox for platforms willing to meet high regulatory standards.
Key conditions include:
- Access restricted to professional investors,
- Pre-funded trades only (no margin, no derivatives),
- Robust KYC/AML, custody rules, anti-manipulation safeguards,
- Mandatory insurance (100% hot wallet, ≥95% cold wallet).
📊 Why Does This Matter?
- A gateway to Asia’s Web3 market: Hong Kong aims to become a regulated crypto hub.
- Grey zones are closing: Unlicensed players risk exclusion.
- Reputation matters: SFC licensing can be a major credibility boost for projects, especially when seeking exchange listings or capital.
⚖️ Final Note from Legal Kornet
Legal Kornet monitors key regulatory developments across Hong Kong, the EU, the U.S., and other major jurisdictions. We support projects, funds, and platforms in aligning with SFC requirements — including navigating the licensing process and the Regulatory Sandbox.
#CryptoLaw #SFC #HongKong #CryptoCompliance #Web3
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#SFC
*The Hong Kong SFC examines the cash reserves of digital assets as investor losses mount* 😊😊😊😙😙
Chairman Kelvin Wong warns against the inflation of DAT stock prices.
Boyaa Interactive and Ourgame International are among the affected companies.
India and Australia are also taking steps to curb cryptocurrency listings.
The Hong Kong Securities and Futures Commission (SFC) has intensified its scrutiny of publicly listed companies with digital asset treasuries (DAT) after findings suggested that retail investors may have lost billions trading these stocks.
The regulator fears that the stock prices of certain companies are trading well above the value of their cryptocurrency holdings, raising concerns about investor protection and market transparency.
This decision comes amid a growing global unease regarding companies' exposure to digital assets, with regulators in Hong Kong, India, and Australia tightening oversight of companies that integrate cryptocurrencies into their balance sheets.
*The Hong Kong SFC examines the cash reserves of digital assets as investor losses mount* 😊😊😊😙😙
Chairman Kelvin Wong warns against the inflation of DAT stock prices.
Boyaa Interactive and Ourgame International are among the affected companies.
India and Australia are also taking steps to curb cryptocurrency listings.
The Hong Kong Securities and Futures Commission (SFC) has intensified its scrutiny of publicly listed companies with digital asset treasuries (DAT) after findings suggested that retail investors may have lost billions trading these stocks.
The regulator fears that the stock prices of certain companies are trading well above the value of their cryptocurrency holdings, raising concerns about investor protection and market transparency.
This decision comes amid a growing global unease regarding companies' exposure to digital assets, with regulators in Hong Kong, India, and Australia tightening oversight of companies that integrate cryptocurrencies into their balance sheets.
🚨🇭🇰HONG KONG’S FORE ELITE OPENS FLAGSHIP CRYPTO FUND
🔹Fore Elite Capital opens its flagship virtual asset fund to select professional investors
🔹First HK crypto hedge fund with 3 regulatory uplifts from SFC
🔹Fund launched in 2022; +60% cumulative return (Mar '22–Mar '25)
🔹Issued 16 dividends since inception in 2017
🔹Survived Luna & FTX collapses, now scaling up
#HongKong #VirtualAssets #ForeElite #SFC #HedgeFund
- Fore Elite Capital
🔹Fore Elite Capital opens its flagship virtual asset fund to select professional investors
🔹First HK crypto hedge fund with 3 regulatory uplifts from SFC
🔹Fund launched in 2022; +60% cumulative return (Mar '22–Mar '25)
🔹Issued 16 dividends since inception in 2017
🔹Survived Luna & FTX collapses, now scaling up
#HongKong #VirtualAssets #ForeElite #SFC #HedgeFund
- Fore Elite Capital
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From floppy disks to staking: Hong Kong is rewriting the financial rules with blockchain
In her speech at the Web3 Festival 2025 in Hong Kong, Ms. Christina Choi – Executive Director of the Hong Kong Securities and Futures Commission (SFC) – announced an important advancement: licensed digital asset trading platforms in Hong Kong will officially be allowed to provide staking services if they meet the strict conditions set by the regulatory body.
This move further solidifies Hong Kong's pioneering position as Asia's leading digital financial hub – and a rare bright spot in the still unstable legal landscape for crypto globally.
This move further solidifies Hong Kong's pioneering position as Asia's leading digital financial hub – and a rare bright spot in the still unstable legal landscape for crypto globally.
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South Korea Prepares to Lift the Ban on Business Cryptocurrency Trading
South Korea is about to lift the ban on cryptocurrency trading for organizations and businesses after more than 6 years of restrictions.
The Financial Services Commission of South Korea stated that this decision aims to meet the growing demand of the global market and the development of blockchain-related businesses.
Who Will Be Allowed to Participate in Crypto Trading?
In the first half of this year: Non-profit organizations, schools, charities, and law enforcement agencies will be allowed to sell the virtual assets they hold.
The Financial Services Commission of South Korea stated that this decision aims to meet the growing demand of the global market and the development of blockchain-related businesses.
Who Will Be Allowed to Participate in Crypto Trading?
In the first half of this year: Non-profit organizations, schools, charities, and law enforcement agencies will be allowed to sell the virtual assets they hold.
🚨 Hong Kong SFC Issues Warning! 🚨
The Hong Kong SFC has officially flagged ‘HKTWeb3’ as a suspicious virtual asset trading platform. 😬⚠️
🔍 What’s the issue?
HKTWeb3 is NOT licensed by the SFC ❌
Their website claims they’re “partnered” with a licensed exchange…
BUT the licensed exchange said: “Never heard of them.” 😐🙅♂️
Moral of the story:
If a platform claims big partnerships, always double-check—
because sometimes the only thing they’re partnered with is problems 😂💥
Stay safe, DYOR, and don’t fall for fake Web3 flexes! 🛡️🧠
#CryptoNews #HKTWeb3 #HongKong #SFC #ScamAlert
The Hong Kong SFC has officially flagged ‘HKTWeb3’ as a suspicious virtual asset trading platform. 😬⚠️
🔍 What’s the issue?
HKTWeb3 is NOT licensed by the SFC ❌
Their website claims they’re “partnered” with a licensed exchange…
BUT the licensed exchange said: “Never heard of them.” 😐🙅♂️
Moral of the story:
If a platform claims big partnerships, always double-check—
because sometimes the only thing they’re partnered with is problems 😂💥
Stay safe, DYOR, and don’t fall for fake Web3 flexes! 🛡️🧠
#CryptoNews #HKTWeb3 #HongKong #SFC #ScamAlert
Hong Kong's Securities and Futures Commission Takes Swift Action Against Crypto Scams. 🇭🇰🖐🏻
In a significant move to protect investors, Hong Kong's Securities and Futures Commission (SFC) has taken a stand against potential scams in the crypto landscape. Let's delve into the key points of this development:
Fraud Unveiled:
The SFC, in collaboration with the Hong Kong Police Force, issued a fraud warning against two crypto entities: Hong Kong Digital Research Institute and BitCuped.
Deceptive Tactics Uncovered:
1. HongKongDAO’s Misleading Information
The institute, operating as HongKongDAO, disseminated misleading information, especially regarding the HKD token, raising concerns about potential investor deception.
2. BitCuped's Serious Misrepresentations
BitCuped falsely claimed executives from the Stock Exchange of Hong Kong as its Chairman and CEO, posing a risk of misleading investors.
SFC's Swift Response:
Cease-and-desist letters were promptly issued to the websites, showcasing the SFC's commitment to shielding investors from fraudulent activities in the crypto space.
Regulatory Landscape Shifts
Starting June 2024, crypto exchanges in Hong Kong must obtain a virtual asset service provider license, reinforcing consumer protection and ensuring secure cryptocurrency transactions.
Investor Caution Emphasized
The SFC's proactive stance serves as a reminder for investors to conduct thorough research before engaging with crypto platforms, highlighting the importance of heightened regulatory oversight.
Global Ripple Effect
This move aligns with a global trend of financial regulatory authorities tightening control over the crypto market, aiming to prevent fraud and establish a stable framework for the digital asset industry.
#HongKong #sfc #BitCuped #HongKongDAO
In a significant move to protect investors, Hong Kong's Securities and Futures Commission (SFC) has taken a stand against potential scams in the crypto landscape. Let's delve into the key points of this development:
Fraud Unveiled:
The SFC, in collaboration with the Hong Kong Police Force, issued a fraud warning against two crypto entities: Hong Kong Digital Research Institute and BitCuped.
Deceptive Tactics Uncovered:
1. HongKongDAO’s Misleading Information
The institute, operating as HongKongDAO, disseminated misleading information, especially regarding the HKD token, raising concerns about potential investor deception.
2. BitCuped's Serious Misrepresentations
BitCuped falsely claimed executives from the Stock Exchange of Hong Kong as its Chairman and CEO, posing a risk of misleading investors.
SFC's Swift Response:
Cease-and-desist letters were promptly issued to the websites, showcasing the SFC's commitment to shielding investors from fraudulent activities in the crypto space.
Regulatory Landscape Shifts
Starting June 2024, crypto exchanges in Hong Kong must obtain a virtual asset service provider license, reinforcing consumer protection and ensuring secure cryptocurrency transactions.
Investor Caution Emphasized
The SFC's proactive stance serves as a reminder for investors to conduct thorough research before engaging with crypto platforms, highlighting the importance of heightened regulatory oversight.
Global Ripple Effect
This move aligns with a global trend of financial regulatory authorities tightening control over the crypto market, aiming to prevent fraud and establish a stable framework for the digital asset industry.
#HongKong #sfc #BitCuped #HongKongDAO
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Hong Kong authorities flag Floki Inu's staking programs as 'suspicious'
The Securities and Futures Commission (SFC) of Hong Kong has cautioned the public against suspicious investment products Floki Staking Programme and TokenFi Staking Programme.
Both programs offer staking services with annualized rates 'ranging from 30% to over 100%', the regulator said in a statement.
'The SFC has not authorized the offer of the products in Hong Kong. The operator of the schemes has failed to demonstrate to the SFC's satisfaction how such high target returns can be achieved,' the commission stated.
The SFC added that information about the schemes is accessible to Hong Kong residents via the internet. The commission has included them both on its list of suspicious investment products.
The watchdog noted that crypto staking constitutes 'unauthorized collective investment schemes.'
'Investors should also be wary of products which claim to offer 'too good to be true' returns and should always exercise caution when making investment decisions,' the SFC emphasized.
#sfc
#BTC #investors #StakingRewards #ETH
$BTC $ETH $BNB
The Securities and Futures Commission (SFC) of Hong Kong has cautioned the public against suspicious investment products Floki Staking Programme and TokenFi Staking Programme.
Both programs offer staking services with annualized rates 'ranging from 30% to over 100%', the regulator said in a statement.
'The SFC has not authorized the offer of the products in Hong Kong. The operator of the schemes has failed to demonstrate to the SFC's satisfaction how such high target returns can be achieved,' the commission stated.
The SFC added that information about the schemes is accessible to Hong Kong residents via the internet. The commission has included them both on its list of suspicious investment products.
The watchdog noted that crypto staking constitutes 'unauthorized collective investment schemes.'
'Investors should also be wary of products which claim to offer 'too good to be true' returns and should always exercise caution when making investment decisions,' the SFC emphasized.
#sfc
#BTC #investors #StakingRewards #ETH
$BTC $ETH $BNB
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🚀 The Hong Kong Securities and Futures Commission (SFC) has approved cryptocurrency trading platforms and ETF funds to offer staking services, marking an important step in the strategy to develop Hong Kong into a regional crypto hub.
However, platforms must be approved by the SFC beforehand and comply with strict customer asset protection and risk transparency requirements.
#SFC #crypto #staking
However, platforms must be approved by the SFC beforehand and comply with strict customer asset protection and risk transparency requirements.
#SFC #crypto #staking
Hong Kong Crypto Exchanges Face Challenges to Get Full Licenses !!
According to a Bloomberg report, Hong Kong's Securities and Futures Commission (SFC) found "unsatisfactory practices" at "some" of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections.
There is now uncertainty over whether all 11 crypto exchanges will achieve full licenses.
The report states that the regulator found some of the crypto firms overly reliant on a handful of executives to oversee the custody of client assets. It also states that others were not properly guarding against cybercrime risks.
#hongkongweb3 #HongKong2024 #sfc #DOGSONBINANCE #CryptoMarketMoves
According to a Bloomberg report, Hong Kong's Securities and Futures Commission (SFC) found "unsatisfactory practices" at "some" of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections.
There is now uncertainty over whether all 11 crypto exchanges will achieve full licenses.
The report states that the regulator found some of the crypto firms overly reliant on a handful of executives to oversee the custody of client assets. It also states that others were not properly guarding against cybercrime risks.
#hongkongweb3 #HongKong2024 #sfc #DOGSONBINANCE #CryptoMarketMoves
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The first spot Solana ETF will be launched on the Hong Kong market on October 27
ChinaAMC received approval from the SFC for the spot Solana ETF.
It will start trading on the Hong Kong Stock Exchange on October 27.
In the USA, such a product from REX Shares and Osprey Funds was launched in early July.
The Hong Kong Securities and Futures Commission (#SFC ) approved the spot Solana ETF from ChinaAMC. The product will start trading on the Hong Kong Stock Exchange on October 27, 2025.
It will start trading on the Hong Kong Stock Exchange on October 27.
In the USA, such a product from REX Shares and Osprey Funds was launched in early July.
The Hong Kong Securities and Futures Commission (#SFC ) approved the spot Solana ETF from ChinaAMC. The product will start trading on the Hong Kong Stock Exchange on October 27, 2025.
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The Singapore Exchange (SGX) will launch Bitcoin and Ethereum perpetual futures next Monday (November 24).
On the 17th, the Singapore Exchange announced that this is to meet the growing institutional demand for cryptocurrencies and to establish a closer connection between the traditional financial system and the native ecosystem of cryptocurrencies.
In the future, perpetual contracts for these two currencies can be traded in Singapore dollars.
This step taken by Singapore is very smooth.
There have long been news reports that the Hong Kong Securities and Futures Commission (SFC) is considering introducing virtual asset derivatives (such as perpetual contracts), but it has remained in the planning stage, and currently, the Hong Kong Stock Exchange (HKEX) does not offer perpetual contracts for BTC or ETH.
#SFC
#SGX
#HKEX
On the 17th, the Singapore Exchange announced that this is to meet the growing institutional demand for cryptocurrencies and to establish a closer connection between the traditional financial system and the native ecosystem of cryptocurrencies.
In the future, perpetual contracts for these two currencies can be traded in Singapore dollars.
This step taken by Singapore is very smooth.
There have long been news reports that the Hong Kong Securities and Futures Commission (SFC) is considering introducing virtual asset derivatives (such as perpetual contracts), but it has remained in the planning stage, and currently, the Hong Kong Stock Exchange (HKEX) does not offer perpetual contracts for BTC or ETH.
#SFC
#SGX
#HKEX
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Hong Kong Activates “New Game” with Ethereum Staking ETF – Retail Investors Are About to Have a Chance?
In a move that signals the start of a financial revolution in Asia, the Hong Kong Securities and Futures Commission (#SFC ) has officially approved an Ethereum ETF with integrated staking, allowing investors to receive rewards from the Proof-of-Stake mechanism.
This is the second time the SFC has given the green light to this groundbreaking investment product, following the introduction of a new regulatory framework to promote Hong Kong as Asia’s digital asset hub.
This is the second time the SFC has given the green light to this groundbreaking investment product, following the introduction of a new regulatory framework to promote Hong Kong as Asia’s digital asset hub.
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🟢 Hong Kong Opens Crypto Derivatives for Professional Investors
📢 The Hong Kong Securities and Futures Commission (SFC) plans to allow professional investors to trade crypto derivatives.
📊 Why This Matters:
A market worth $21 trillion opens up (in Q1 2025)
This is 4.5 times larger than the volume of the cryptocurrency spot market
This creates a precedent for regulated hedging and speculation on digital assets
🏛 Previously, Hong Kong has already implemented laws for licensing stablecoins, and now it is expanding its scope — towards derivatives.
---
💬 Is a new era of institutional crypto trading beginning in Asia?
---
#HongKong #CryptoDerivatives #Regulation #CryptoNews #SFC
$ETH $BTC
📢 The Hong Kong Securities and Futures Commission (SFC) plans to allow professional investors to trade crypto derivatives.
📊 Why This Matters:
A market worth $21 trillion opens up (in Q1 2025)
This is 4.5 times larger than the volume of the cryptocurrency spot market
This creates a precedent for regulated hedging and speculation on digital assets
🏛 Previously, Hong Kong has already implemented laws for licensing stablecoins, and now it is expanding its scope — towards derivatives.
---
💬 Is a new era of institutional crypto trading beginning in Asia?
---
#HongKong #CryptoDerivatives #Regulation #CryptoNews #SFC
$ETH $BTC
💰🐝🌟
Hong Kong’s SFC grants the first crypto trading licenses of 2025 to PantherTrade and YAX, bringing the total to seven since mid-2024.
#SFC #SFCHồngKông
Hong Kong’s SFC grants the first crypto trading licenses of 2025 to PantherTrade and YAX, bringing the total to seven since mid-2024.
#SFC #SFCHồngKông
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