Consultation on Proposed Regulatory Framework for Virtual Asset Trading and Custody Service Providers in Hong Kong

2 week ago / Read about 0 minute

Author：小编

The Hong Kong Financial Services and the Treasury Bureau, in conjunction with the Securities and Futures Commission (SFC), are conducting a joint public consultation on the introduction of a comprehensive regulatory framework for virtual asset trading and custody service providers. The SFC will be tasked with licensing, supervising, and establishing pertinent compliance standards, adhering to the principle of 'same business, same risks, same rules.' The overarching objective is to bolster investor protection, uphold market integrity, and foster the safe and stable growth of the digital asset market.

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