October 22, 2025 06:51:53 UTC
India, Hong Kong, and Australia Block Listings of Crypto Treasury Model Firms
According to Bloomberg, stock exchanges in India, Hong Kong, and Australia are reportedly blocking listings of companies adopting the Digital Asset Treasury (DAT) model. The DAT model allows firms to hold or manage crypto assets as part of their corporate treasury, a growing trend among blockchain-focused businesses. Regulators in these regions are tightening scrutiny amid concerns over market volatility and investor protection, signaling a cautious stance toward the integration of crypto assets in public markets.
October 22, 2025 06:51:53 UTC
Hong Kong Approves First Solana Spot ETF, Boosting Asia’s Crypto Market
Hong Kong’s Securities and Futures Commission (SFC) has officially approved the first Solana (SOL) spot ETF, launched by ChinaAMC (Hong Kong). This marks the third approved crypto spot ETF after Bitcoin and Ethereum, and the first Solana ETF in Asia. The move reinforces Hong Kong’s position as a leading digital asset hub, opening new doors for institutional investors and signaling growing regulatory support for broader crypto market adoption across the region.
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