A version of this story was first published by AsianInvestor.
Hong Kong’s financial regulator is pressing ahead with its plan to open the market for cryptocurrency futures funds to retail investors.
A spokesperson for the Securities and Futures Commission SFC told FinanceAsia sister publication, AsianInvestor, that the regulator is satisfied with its recently introduced rules for crypto fund approval and believes they are sufficient to safeguard investors from substantial losses, despite the bloodbath seen in the wake of the recent FTX scandal.
The FTX cryptocurrency exchange, valued at $32 billion earlier this year, has entered bankruptcy proceedings as...
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