Hong Kong Securities and Futures Commission Chairman: Plans to provide guidance for digital asset treasuries and study the issue of listed companies purchasing Bitcoin.

On October 30th, according to a report in Hong Kong's Wen Wei Po, Wong Tin-yau, Chairman of the Hong Kong Securities and Futures Commission (SFC), stated publicly that Hong Kong currently lacks specific regulations to clearly govern listed companies' participation in cryptocurrency investments.

He pointed out that the SFC will continue to closely monitor market developments and, when necessary, study and introduce relevant guidelines to enhance market transparency and investor protection.

Wong further explained that Hong Kong currently also lacks specific legislation regulating listed companies' use of virtual assets as part of their treasury allocation. Regarding some listed companies claiming to adopt "Digital Asset Treasury" (DAT), he urged investors to carefully understand what DAT is and its underlying value, and also stated that the SFC will study the issue of listed companies purchasing Bitcoin.

Furthermore, Wong revealed that the SFC will begin studying various issues related to listed companies' allocation of digital assets such as Bitcoin, including accounting treatment, information disclosure requirements, and potential market impact, in preparation for possible future policy adjustments.

This statement reflects Hong Kong's commitment to maintaining market order and protecting investor rights while embracing financial innovation.