Asia-Pacific Exchanges Push Back on Crypto Hoarding by Companies

Major stock exchanges across the Asia-Pacific region are pushing back against a growing trend of listed companies hoarding cryptocurrency. This opposition is particularly evident in Hong Kong, where the Hong Kong Stock Exchange (HKEX) has questioned the strategic plans of several firms shifting to digital asset treasury (DAT) models. Concerns stem from regulatory restrictions that prohibit large holdings of liquid assets. Similar resistance is being witnessed in India and Australia as exchanges there are taking a stance against companies seeking to transition into DAT entities.