Hong Kong SFC Holds Digital Asset Advisory Group Meeting: Discusses Enhancing Liquidity of Licensed Virtual Asset Trading Platforms

Odaily News: The Hong Kong Securities and Futures Commission announced the convening of the third Digital Asset Advisory Group meeting. The meeting, held with licensed virtual asset trading platforms, discussed the future regulatory development of digital assets in Hong Kong. Topics included plans to strengthen the digital asset ecosystem, such as enhancing the liquidity of licensed virtual asset trading platforms, and regulatory initiatives to further expand product and service types. Dr. Ye Zhiheng, Executive Director of the SFC's Intermediaries Division and Chairman of the Digital Asset Advisory Group, stated that striking a balance between innovation and investor protection with integrity is crucial. He emphasized the commitment to fostering a prosperous and sustainable digital asset market in Hong Kong, ensuring regulatory policies are pragmatic, effective, and appropriate.