Hong Kong Issues New Rules to Regulate Cryptocurrency Funds and Exchanges Hong Kong’s securities regulator issued a statement setting out guidelines for funds dealing with cryptocurrency Thursday, Nov. 1, saying it could move to formally regulate exchanges. In what it called “guidance on regulatory standards,” the autonomous Chinese territory’s Securities and Futures Commission (SFC) set in motion a series of steps that chief…
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Updated Morgan Stanley Report Hails Cryptocurrency as ‘New Institutional Investment Class’ bitcoin and altcoins has been a “new institutional investment class” since 2017, U.S. multinational investment bank and financial services company Morgan Stanley claims in a new report released Oct. 31. The document, titled “bitcoin Decrypted: A Brief Teach-In and Implications,” sees the newly-bullish Morgan Stanley weigh in on the “surprising” developments in cryptocurrency…
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