The Hong Kong Securities and Futures Commission (SFC) is marking its 35th anniversary this year, emphasizing its commitment to maintaining market fairness while advancing key strategic priorities.

SFC CEO Liang Fengyi outlined efforts to strengthen the regulatory framework for virtual asset trading platforms in an interview with Hong Kong 01, stating:

The entire framework will be completed at least next year.

Liang also highlighted the promotion of tokenization for traditional products and the incorporation of regional chains and web3 technologies. This initiative forms part of the SFC’s broader mission to embrace financial innovation and lead Hong Kong’s financial market transformation.

The SFC has set strategic goals for 2024 to 2026, focusing on boosting the resilience of the market, enhancing the global competitiveness of Hong Kong’s capital market, and improving institutional efficiency.

Concerning virtual asset trading, Liang noted the commission has granted licenses to three platforms: Hong Kong Virtual Asset Exchange (HKVAX), OSL Exchange, and HashKey Exchange. Additionally, she revealed that 11 other platforms are currently in the process of applying for licenses, with the first phase of reviews already completed. Liang stated:

Applicants who do not meet the requirements will lose their qualifications for licensing, while applicants who meet the requirements will be granted a license conditionally.

The SFC is also developing a licensing system for cryptocurrency over-the-counter (OTC) services.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。