Odaily News The Securities and Futures Commission (SFC) of Hong Kong has officially released the newly formulated "ASPIRe" roadmap, which lists twelve measures under five pillars to enhance the security, innovation and growth of Hong Kong's virtual asset market. The five pillars of the "ASPIRe" roadmap are connectivity, protection, products, infrastructure and relationships. These measures will promote access to global liquidity, achieve early warning compliance and product frameworks based on security, and promote the upgrading of traditional financial infrastructure using blockchain technology. The new regulatory framework for virtual asset over-the-counter transactions and virtual asset custody services in the roadmap will also promote the expansion of virtual asset products and services. Other measures include optimizing the operational requirements of virtual asset trading platforms, combating illegal activities, investor education and active communication with shareholders.
