Major Asian stock exchanges are imposing restrictions on companies seeking to integrate cryptocurrencies like Bitcoin into their treasury holdings. Bloomberg reports that at least five firms have been barred by the Hong Kong Exchanges and Clearing Ltd (HKEX) from pursuing such strategies, echoing similar actions taken by exchanges in India and Australia. This stance is driven by regulatory concerns, market volatility, and a push for increased investor protection. While global adoption of cryptocurrencies increases, Asian financial hubs are taking a cautious approach towards digital assets. This is because concerns over potential impacts on market stability or investor confidence outweigh the benefits of incorporating cryptocurrency into corporate balance sheets.