Circular on expansion of products and services of virtual asset trading platforms
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What the SFC said
The SFC broadens products and services SFC-licensed virtual asset trading platforms may offer. It removes the 12-month track record requirement for professional-investor offerings and for stablecoins issued by licensed issuers, clarifies distribution of tokenised securities and digital asset-related products, and updates client custody requirements. Retail track-record rules for other virtual assets remain.
This page is our summary and commentary, not the circular itself — always read the original before acting.
Same month in the Record
25EC66Circular to management companies of SFC-authorised unit trusts and mutual funds - Updated streamlined measures…25EC67Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities - Anti…25EC62Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities - Anti…
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