APAC Exchanges Tighten Rules on Corporate Bitcoin Holdings
Asia-Pacific stock exchanges are tightening rules on corporate Bitcoin holdings amid volatility concerns. In Hong Kong, HKEX has challenged at least five firms’ digital asset treasury strategies. In India, BSE rejected Jetking Infotrain’s plan to allocate preferential allotment proceeds to crypto. In Australia, ASX limits crypto holdings to 50% of assets and suggests ETF exposure. This cap prompted Locate Technologies to move its listing to NZX. These rules on corporate Bitcoin holdings underscore regulators’ focus on volatility and liquidity risks and could curb corporate demand for Bitcoin. By contrast, Japan Exchange Group may permit corporate crypto reserves with enhanced disclosures. Traders should watch policy shifts, compliance updates and listing migrations for impacts on treasury strategies and market liquidity.
Bearish
The tighter corporate Bitcoin holdings rules in major APAC markets could reduce institutional appetite for Bitcoin. Limits on balance-sheet allocations and enforcement actions may lower corporate demand. In the short term, this could increase selling pressure and amplify volatility. Over the long term, clarity in listing requirements and compliance frameworks might stabilize adoption. However, reduced corporate treasury demand signals a bearish outlook for Bitcoin’s price trend.