Hong Kong SFC Says No Regulations Yet on Listed Companies Buying Bitcoin; Plans to Study Digital Asset Treasuries and Market Guidance

Hong Kong’s Securities and Futures Commission (SFC) has stated there is currently no formal framework regulating listed companies’ cryptocurrency investments. The regulator will keep a close watch on the market, and, where appropriate, may publish guidance to set clear expectations for corporate crypto exposures and related governance standards.

With regard to a Digital Asset Treasury (DAT), the SFC cautioned that no regulatory regime presently governs such arrangements. Investors should carefully assess the underlying value proposition and disclosures before ascribing strategic significance to DAT offerings.

Meanwhile, the commission will study whether listed firms purchase Bitcoin as part of ongoing market oversight. The guidance will aim to enhance transparency, risk management, and investor protection, ensuring announcements align with credible governance practices.

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