This circular is to inform intermediaries that the Securities and Futures Commission (SFC) today issued a Statement on regulatory framework for virtual asset portfolios managers, fund distributors and trading platform operators. This statement sets out:
- the regulatory standards for firms managing virtual asset portfolios, distributing virtual asset funds, or both; and
- the conceptual framework for the potential regulation of virtual asset trading platform operators.
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2018
Date of Document:
Thursday, November 1, 2018