Three major securities exchanges in the Asia-Pacific region resist listed companies transitioning to crypto treasury (DAT) companies
According to ChainCatcher, citing Bloomberg, the three major stock exchanges in the Asia-Pacific region, including the Hong Kong Stock Exchange, are resisting the trend of listed companies hoarding cryptocurrencies as a core business. In recent months, the Hong Kong Stock Exchange has questioned the strategic plans of at least five companies to transform into Digital Asset Treasury (DAT) companies, citing violations of regulations prohibiting the holding of large amounts of liquid assets. Exchanges in India and Australia have also taken similar stances, providing greater resistance to listed companies transitioning into DAT companies.
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