X @Wu Blockchain

According to Bloomberg, Asia’s three major stock exchanges are tightening scrutiny of crypto asset treasury firms that seek to list under conventional corporate structures. The Hong Kong Stock Exchange has rejected at least five such applications in recent months, citing rules that prohibit excessive holdings of liquid assets, sources said. Regulators in India and Australia have imposed similar curbs, further undermining the viability of the model. https://t.co/7H48RwrpoB ...