Securities and Futures Commission of Hong Kong Convenes Third Meeting of the Digital Asset Advisory Group: Discusses Enhanced Digital Asset Ecosystem Plan

BlockBeats News, February 7th. The Securities and Futures Commission of Hong Kong held the third meeting of the Digital Asset Steering Group to discuss the future regulatory development of digital assets in Hong Kong with licensed virtual asset trading platforms. The meeting discussed plans to enhance the digital asset ecosystem, including improving the liquidity of licensed virtual asset trading platforms and further expanding regulatory measures for product and service types.

Dr. Carlos Leung, Executive Director of the Investment Products Division of the Hong Kong Securities and Futures Commission and Chairman of the Digital Asset Steering Group, stated that striking a balance between innovation and investor protection is crucial. The Commission is committed to promoting the establishment of a thriving and sustainable digital asset market in Hong Kong, ensuring that regulatory policies are practical, effective, and appropriate.