The Hong Kong Securities and Futures Commission plans to issue licenses to regulate virtual asset trading and accomplice service providers.

robot
Abstract generation in progress

On June 27, the Hong Kong Financial Services and the Treasury Bureau and the Hong Kong Securities and Futures Commission launched a joint consultation to introduce a regulatory regime for virtual asset trading service providers and custodians. The proposed regime will empower the SFC to license and supervise virtual asset trading service providers and custodians, and enforce relevant regulations. The SFC will also be responsible for establishing compliance standards for these two types of important service providers, ensuring robust investor protection measures and maintaining market integrity based on the principle of "same business, same risk, same rules." This also reflects the SFC's active implementation of various plans under the "ASPIRe" roadmap, continuing to build a vibrant yet safe and robust digital asset market with sustainable development as a prerequisite.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Share
Comment
0/400
ImpermanentPhobiavip
· 06-30 08:13
Reliable, the regulation is strong.
View OriginalReply0
LiquiditySurfervip
· 06-30 04:03
The Hong Kong regulator has finally taken action.
View OriginalReply0
Token_Sherpavip
· 06-30 01:50
hk's just speedrunning crypto regulations rn ngl...
Reply0
GateUser-a606bf0cvip
· 06-29 08:35
Finally, there is regulation.
View OriginalReply0
AirdropBlackHolevip
· 06-27 10:44
Hong Kong has finally awakened.
View OriginalReply0
RugPullProphetvip
· 06-27 10:42
Good days are really coming.
View OriginalReply0
ChainMaskedRidervip
· 06-27 10:40
License gogogo!
View OriginalReply0
MidnightSellervip
· 06-27 10:36
Regulation is coming again.
View OriginalReply0
GasFeeVictimvip
· 06-27 10:34
The regulators are coming, little puddings, run!
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)