ARK Invest CEO Cathie Woods on Monday praised cryptourrency regulation in Hong Kong. What Happened: Wood lauded the Securities and Futures Commission (SFC) of Hong Kong for its clear guidelines and comprehensive management structures that facilitate crypto trading under institutional oversight. Wood hailed Hong Kong as a pioneering force in crypto policy, citing the region’s enthusiastic support for technological innovation and entrepreneurship. “Hong Kong regulatory agencies such as the SFC have done a very good job,” Wood said, in her address at Hong Kong’s Web3 carnival She commended the ci…