According to BlockBeats, on April 16, according to TVB News, the Hong Kong Securities and Futures Commission approved at least three fund companies to cooperate with licensed trading platforms to allow citizens to purchase spot Bitcoin and Ethereum with securities accounts. Currently, investors who want to purchase virtual currencies need to open an account at a virtual currency exchange. Several fund companies announced that they have been granted licenses by the Hong Kong Securities and Futures Commission to cooperate with two licensed trading platforms on the market to launch virtual asset fund products, that is, citizens can directly use securities accounts to purchase spot Bitcoin and Ethereum, without opening an account on the trading platform. Some industry insiders believe that the measures will help promote the development of virtual asset transactions and increase tax revenue.
Hong Kong media: Hong Kong citizens can directly use their securities accounts to purchase spot BTC and ETH without opening an account on a trading platform
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