Tag: Finance

NFTs are classified as financial assets in Hong Kong, which also requires licencing.

NFTs are classified as financial assets in Hong Kong, which also requires licencing.

November 2, 2022

NFTs are classified as financial assets in Hong Kong, which also requires licencing. In a recent advising paper, Hong Kong’s Securities and Futures Commission (SFC) acknowledged NFTs as “collective investment schemes” as opposed to collectibles. NFTs now fall under the SFC’s purview as a result of the recognition. The regulator views NFTs as extremely risky […]

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Aussie crypto finfluencers confront tough new legal limitations

April 4, 2022

Aussie crypto finfluencers confront tough new legal limitations The Australian safeties regulator is standing against economic influencers whom they recognize to be fooling the public with wrong information related to crypto. New threats from the Australian Securities and Investments Commission on an applicable procedure for economic influencers could have a stunning consequence on the local […]