The Hong Kong Securities and Futures Commission (SFC) is looking to establish a Virtual Asset Development Roadmap.

BlockBeats News, February 15th. According to the Hong Kong media Ming Pao, the Hong Kong Securities and Futures Commission held its first virtual asset consultation group meeting with licensed virtual asset trading platforms (VATPs) yesterday. The CEO of the Hong Kong Securities and Futures Commission, Ashley Alder, stated that following the establishment of the group, licensed VATP operators can provide feedback on the future operation of VATPs, improving the liquidity of virtual asset transactions, enhancing Hong Kong's competitiveness in virtual asset development, and international competition.

Alder continued to say that the Hong Kong Securities and Futures Commission hopes to develop a roadmap for virtual asset development, move towards product diversification, and provide assistance in virtual asset custody and over-the-counter (OTC) trading consultations.