Hong Kong: Securities and Futures Commission guidance on risks associated with non-fungible tokens
Progress
Current status
adopted
06 Jun 2022 adopted
Scope
Implementers
Hong Kong
Policy Area
Other operating conditions
Policy Instrument
User/subject right
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Securities and Futures Commission issues guidance on risks associated with non-fungible tokens
On 6 June 2022, the Securities and Futures Commission issued a guidance for investors to lay out the risks associated with investing in non-fungible tokens (NFTs). The note reminds investors of the dangers of illiquid secondary markets, volatility, …
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
other regulatory body