Yassin Mobarak, founder of Dizer Capital, hosted leading names in the industry at a meeting in Hong Kong. XRP He invited me to act for his ETF.
As we reported as Koinfinans.com, Hong Kong announced in a circular published last Friday that the applications of companies wishing to re-engage in crypto-related activities will be re-evaluated by the authorities.
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) attracted attention by expressing their readiness to accept crypto spot ETFs. The positively viewed ETF types were shown as VA Spot ETFs.
Mobarak specifically encourages other crypto industry participants to take advantage of this development and apply for an XRP ETF. called.
Someone should file an $XRP spot ETF application in Hong Kong. https://t.co/tswtJ4xpH8
— Yassin Mobarak 🪝 (@Dizer_YM) December 22, 2023
NEWS CONTINUES BELOW
Luo Boren, securities product developer and manager at the Hong Kong Stock Exchange, attracted attention with his post stating that he is ready to benefit from the opportunities offered by the regulatory authorities.
While XRP is the only digital asset with regulatory clarity in the United States, the outlook for an XRP spot ETF remains uncertain in the region.