‍Asia's Stock Exchanges Restrict Crypto Treasuries

Major stock exchanges in India, Hong Kong, and Australia are reportedly blocking companies from functioning as primary digital asset treasury (DAT) vehicles. This signals a significant shift against integrating crypto into traditional corporate balance sheets.

Japan remains an outlier, but even there, MSCI proposes excluding DATs with over 50% crypto holdings from its indexes.

Concerns include companies "selling their listed status" and the "cash company" issue, with regulators preferring firms with real operational businesses. The crypto treasury model may face a period of re-evaluation.

https://cryptovka.ru/en/news/5947/asia-s-stock-exchanges-block-crypto-treasuries-a-shifting-landscape