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06 Dec | Press Release

FinTech Association of Hong Kong Launches Best Practice Paper on ICOs

Hong Kong – 6 December 2017 – In response to growing interest in digital token sales, oftenreferred to as Initial Coin Offerings (“ICOs”), the FinTech Association of Hong Kong (“FTAHK”) has today published a paper outlining best practices for running token sales in Hong Kong.

In response to growing interest in digital token sales, often referred to as Initial Coin Offerings (“ICOs”), the FinTech Association of Hong Kong (“FTAHK”) has today published a paper outlining best practices for running token sales in Hong Kong. The paper harnesses input from leading industry participants.

Token sales have raised over US$3 billion this past year and have generated significant interest globally. In Hong Kong, the Securities and Futures Commission issued a statement on ICOs on 5 September 2017 explaining when digital tokens may be subject to the securities laws of Hong Kong.

For full press release:

English - FTAHKTokenSalesPaperPressRelease.pdf

中文 - FinTech-Association-of-Hong-Kong_Token-Sales-Paper_Chinese.pdf