PANews March 2 News: According to the Hong Kong Government Press Release, the Secretary for Financial Services and the Treasury announced at the Legislative Council Financial Affairs Committee meeting that they have formulated a series of optimization measures in collaboration with the Hong Kong Monetary Authority, the Securities and Futures Commission, and the Inland Revenue Department. These measures include expanding the eligible investment types for funds and family investment control tools to cover digital assets, real estate, insurance-linked securities, equity interests in entities that are not legal entities, loans (including private debt investments), precious metals, and certain commodities located outside Hong Kong. These policies complement the government’s initiatives in related areas such as promoting carbon trading, digital assets, and trading in precious metals and commodities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
South Korean President Nominates BIS Official Shin Hung-song as Central Bank Governor, Who Has Previously Questioned Stablecoin Risks
South Korean President nominates Shin Hung-song, head of the Monetary and Economic Department at the Bank for International Settlements, as the next governor of the Bank of Korea. He has previously expressed concerns about Korean won stablecoins, believing they could lead to capital outflows and affect financial stability. The public is watching to see if his stance on stablecoins will change after he takes office.
GateNews42m ago
Why Did Bitcoin Fall Today? Trump's 48-Hour Ultimatum Triggers Market Panic
Bitcoin declined to $67,979.57 today, primarily affected by US-Iran tensions, higher-than-expected US PPI data, and whale short-selling activity. Global markets face stagflation pressure, with $70,000 serving as a key support level. If this level is breached, prices could potentially decline to $68,000.
MarketWhisper45m ago
China Expands Digital Renminbi Banking Support, But Mainstream Adoption Remains Slower Than Expected
China’s digital renminbi CBDC has expanded its banking support to over 20 institutions, but its adoption remains slow due to its low yields and broader market competition.
The People’s Bank of China (PBOC) has expanded the digital renminbi’s banking support by 12 more institutions. China’s
Blockzeit1h ago
Citigroup Slashes Bitcoin and Ethereum 12-Month Price Targets, Citing Stalled U.S. Crypto Legislation Weighing on Upside Catalysts
Citigroup has lowered its 12-month price targets for Bitcoin and Ethereum, signaling a shift toward caution on the cryptocurrency market's medium-term outlook, primarily due to slow progress in U.S. crypto asset legislation. Bitcoin's target was reduced from $143,000 to $112,000, while Ethereum's fell to $3,175. Despite upside potential remaining in the future, the lack of new policy catalysts suggests prices may oscillate within a range in the near term. Citigroup's assessment of Ethereum is more cautious, as it believes the asset is more significantly impacted by on-chain activity.
区块客1h ago
The Hormuz Strait crisis remains unresolved, and Bitcoin has fallen below 68K.
Affected by the US-Iran conflict, global markets have been severely impacted, with the S&P 500 Index declining for four consecutive weeks. Gold has experienced a modest rebound around $4,500, while oil prices remain stable at elevated levels. Trump has issued an ultimatum to Iran, with potential escalation of conflict between the two sides. Bitcoin and Ethereum have also declined in tandem, and market sentiment has turned conservative.
ChainNewsAbmedia1h ago
