Hong Kong’s SFC Releases Regulations for Crypto Fund Managers
Securities and Futures Commission (SFC), the securities regulator of Hong Kong has officially released regulations for crypto fund managers. On Oct. 4. SFC published the regulatory circular on its official site. Regulations for Crypto Fund Managers The SFC provided the terms and conditions for managing the portfolios that invest in virtual assets in a 37-page document titled “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtua