Hong Kong Eyes Insurance Capital for Crypto Investments with New Proposal
Hong Kong is considering new regulations that would allow insurance capital to be invested in cryptocurrencies. According to reports, a public consultation on the proposal is scheduled from February to April 2025. Legislative submissions are expected later in 2025. The development indicates a potential shift in Hong Kong's regulatory approach to digital assets, possibly opening new avenues for institutional investment in the crypto market. The proposed rules could significantly impact the integration of traditional finance and the cryptocurrency sector in the region.
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