Hong Kong, India, and Australia's top exchanges have started to reject companies seeking to become crypto hoarders, citing shell company concerns. Stock exchanges in India, Hong Kong, and Australia have reportedly begun blocking or restricting companies from becoming digital asset treasury vehicles. Hong Kong Exchanges & Clearing Ltd. has rejected at least five companies seeking to become DATs, citing rules against “cash companies” that hold primarily liquid assets, according to a Bloomberg report on Wednesday, citing anonymous sources.The Bombay Stock Exchange rejected a listing application last month from a company after it announced plans to invest proceeds in crypto.Read more Hong Kong, India, and Australia's top exchanges have started to reject companies seeking to become crypto hoarders, citing shell company concerns. Stock exchanges in India, Hong Kong, and Australia have reportedly begun blocking or restricting companies from becoming digital asset treasury vehicles. Hong Kong Exchanges & Clearing Ltd. has rejected at least five companies seeking to become DATs, citing rules against “cash companies” that hold primarily liquid assets, according to a Bloomberg report on Wednesday, citing anonymous sources.The Bombay Stock Exchange rejected a listing application last month from a company after it announced plans to invest proceeds in crypto.Read more
Asia’s stock exchanges are pushing back against crypto treasuries: Report
2025/10/22 11:27
Hong Kong, India, and Australia's top exchanges have started to reject companies seeking to become crypto hoarders, citing shell company concerns.
Stock exchanges in India, Hong Kong, and Australia have reportedly begun blocking or restricting companies from becoming digital asset treasury vehicles.
Hong Kong Exchanges & Clearing Ltd. has rejected at least five companies seeking to become DATs, citing rules against “cash companies” that hold primarily liquid assets, according to a Bloomberg report on Wednesday, citing anonymous sources.
The Bombay Stock Exchange rejected a listing application last month from a company after it announced plans to invest proceeds in crypto.
Read more
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
Yarm Explained: Turning Trust and Tweets into Yield
tl;dr: Yarm is a new platform by Mitosis and Kaito AI that turns social influence into onchain yield. Yappers earn Mindshare by posting…Continue reading on Coinmonks »
Share
2025/09/18 14:43
Share
Crypto ETP Applications Soar, Expected to Hit 200
The post Crypto ETP Applications Soar, Expected to Hit 200 appeared first on Coinpedia Fintech News Bloomberg ETF analyst Eric Balchunas noted that 155 crypto ETP applications are currently filed, covering 35 different digital assets. The figure is projected to reach 200 within the next year amid rising investor appetite. Data reveals that Solana, Bitcoin, and XRP each have more than 20 ETP filings, while Ethereum and multi-asset baskets have over …
Share
2025/10/22 14:50
Share
Astra Nova Announces Product Roadmap Update and Will Launch Flagship Product TokenplayAI
PANews reported on October 22 that the Web3 project Astra Nova released its latest product roadmap update, announcing the launch of its flagship product, TokenplayAI, a code-free mini-program startup platform, which aims to redefine how the community builds and deploys Web3 experiences. Astra Nova has previously launched several innovative products, including BlackPass, a social finance and loyalty platform; NovaToon, a Web3 comics app; and Deviants: Fight Club, a Telegram PvP experience with real $RVV rewards. The next phase of the roadmap update will be released in 90 days. According to previous news, Astra Nova will launch a RVV repurchase and bounty program .
Share
2025/10/22 15:18
Share