Hong Kong SFC holds Digital Asset Advisory Panel meeting: Discusses enhancing liquidity of licensed virtual asset trading platforms
According to Odaily, the Hong Kong Securities and Futures Commission has announced the convening of the third Digital Asset Advisory Panel meeting, where it discussed the future regulatory development of digital assets in Hong Kong with licensed virtual asset trading platforms. The meeting covered plans to strengthen the digital asset ecosystem, including enhancing the liquidity of licensed virtual asset trading platforms and further expanding regulatory initiatives for product and service types. Dr. Au Yeung Chi-hang, Executive Director of the Intermediaries Division of the Hong Kong SFC and Chairman of the Digital Asset Advisory Panel, stated that it is extremely important to strike a balance between innovation and robust investor protection. He emphasized the commitment to promoting the establishment of a prosperous and sustainable digital asset market in Hong Kong, ensuring that regulatory policies are pragmatic, effective, and appropriate.
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