Several Asian-Pacific stock exchanges are reportedly hesitant about businesses shifting their funds to crypto treasuries, citing regulatory concerns. While this resistance is based on unconfirmed reports and hasn’t led to a public response from the major exchange executives or official statements, it highlights potential hurdles for companies integrating cryptocurrency into their operations. The Hong Kong Stock Exchange, along with Indian and Australian counterparts, appear to be particularly resistant to this shift, according to Bloomberg. However, industry analysts are focused on the broader regulatory landscape in various markets, such as those in the U.S., which is also seeing regulatory developments for cryptocurrencies. In the meantime, virtual asset ETPs are thriving in Hong Kong, with a value of HKD 8.1 billion as of September 2025, according to the Hong Kong Stock Exchange’s website. Despite this resistance, experts note that the industry is still developing, and we could see shifts in how exchanges manage crypto treasuries in the future.