Gary Tiu, Executive Director and Head of Regulatory Affairs at OSL, discusses what it means for spot ETH ETFs in Hong Kong if ether is deemed a security and why the outcomes would be different from the U.S. For spot crypto ETFs in Hong Kong, whether the underlying asset is a security, 'in itself is not a deal killer,' Tiu said.
Gary Tiu, Executive Director and Head of Regulatory Affairs at OSL, discusses what it means for spot ETH ETFs in Hong Kong if ether is deemed a security and why the outcomes would be different from the U.S. For spot crypto ETFs in Hong Kong, whether the underlying asset is a security, "in itself is not a deal killer," Tiu said.
The Hong Kong laws are also a little bit different on this front. To be honest, if you're, if you're doing a spot crypto ETF in Hong Kong, if the, if the underlying is a, is a security that, that in itself is not a deal killer, now, what what will be important is actually how the fund actually gets the exposure to the underlying asset.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin unable to tag $67K despite Hong Kong BTC and ETH spot ETF approvalsBitcoin (BTC) price showed a bit of strength during the early hours of the Asian session.
Read more »
Ethereum whales pushes its price up as Hong Kong approves spot ETH ETFEthereum's (ETH) price slightly improved on Monday after Hong Kong approved applications for a spot Bitcoin and Ethereum ETF.
Read more »
Bitcoin (BTC), Ethereum (ETH) Rally on Hong Kong Spot ETF Approval RumorsNews sources are reporting that multiple issuers have been given approval to launch spot Bitcoin and Ethereum ETFs in Hong Kong.
Read more »
BTC, ETH Rise as Hong Kong Bitcoin ETF Applicants Say They've Been ApprovedThe Securities and Futures Commission, Hong Kong's markets regulator, has not made an official announcement.
Read more »
Ancient Ethereum ICO Participant Suddenly Wakes UpEthereum (ETH) ICO participant has transferred $6.7 million worth of Ethereum (ETH)
Read more »
Ethereum price crash follows wider crypto market dump as long traders see high liquidationsEthereum's (ETH) price briefly dipped below $3,000 on Tuesday after tensions surrounding a potential Iran-Israel conflict suppressed the effect of Hong Kong's spot ETH approval.
Read more »