Reported on October 22nd, Hong Kong Exchanges & Clearing has limited attempts to convert to digital asset treasuries under ‘cash company’ regulations. Meanwhile, the Bombay Stock Exchange denied Jetking Infotrain’s placement and ASX enforced a 50% limit on cash holdings.
Bitcoin prices have seen an 18% rise this year amidst these regulatory changes, contrasting with the general decline of digital asset treasuries. Additionally, Japan Exchange Group permits Bitcoin disclosures but faces potential MSCI index alterations affecting crypto asset holdings.
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