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Bourses oppose cos hoarding crypto
Mint Kolkata
|October 24, 2025
Three of Asia Pacific's biggest stock exchanges are pushing back against crypto hoarding vehicles masquerading as listed companies.
Hong Kong Exchanges & Clearing Ltd has challenged the plans of at least five firms seeking to pivot to digital-asset treasury strategies as their core business in recent months, citing rules that prohibit large liquid holdings, according to people familiar with the plans, who asked not to be identified
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