According to Bloomberg, three major stock exchanges in the Asia-Pacific region are tightening regulations on crypto treasury companies (DAT). The Hong Kong Stock Exchange recently rejected plans from at least five companies intending to make crypto treasury strategies their main business, citing rules that prohibit listed companies from holding large amounts of liquid assets. India’s Bombay Stock Exchange also denied Jetking Infotrain’s preferential allotment listing application because it planned to allocate part of the raised funds to crypto assets. Meanwhile, the Australian Securities Exchange has stipulated that listed companies cannot allocate more than 50% of their assets to cash or cash-like assets, effectively making the crypto treasury model nearly impossible to implement. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=50601