TechFlow, Oct 22 — According to Bloomberg, the three major Asia-Pacific stock exchanges, including Hong Kong Exchanges and Clearing (HKEX), are pushing back against a growing trend of listed companies making cryptocurrency hoarding a core business. In recent months, HKEX has challenged plans by at least five companies to adopt digital asset treasury (DAT) strategies, citing violations of rules prohibiting substantial holdings of liquid assets. Exchanges in India and Australia have taken similar stances, and no such company has been approved so far.
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