Overview
- Hong Kong Exchanges & Clearing has challenged at least five companies seeking to pivot into crypto-hoarding models, with none approved under cash-company rules.
- India’s Bombay Stock Exchange rejected Jetking Infotrain’s plan to invest new proceeds in cryptocurrency, and the company has filed an appeal.
- Australia’s ASX bars firms from holding 50% or more of assets in cash-like instruments, steering would‑be Bitcoin buyers toward ETFs and pushing some, such as Locate Technologies, to seek NZX listings.
- Japan stands out as more permissive, with exchanges allowing disclosed Bitcoin purchases and 14 listed companies holding BTC, including Metaplanet.
- MSCI has proposed excluding large DATs—those with crypto equal to at least half of total assets—from its indexes, as reports cite roughly $17 billion in retail losses tied to DAT trades.