TechFlow News: On February 6, the Securities and Futures Commission (SFC) of Hong Kong held its third Digital Assets Advisory Group meeting with licensed virtual asset trading platforms to discuss future regulatory developments for digital assets in Hong Kong. The meeting covered plans to strengthen the digital asset ecosystem, including enhancing liquidity at licensed virtual asset trading platforms and regulatory initiatives to further expand the range of products and services. Dr. Yip Chi Hang, Executive Director of the Institutional Department of the SFC and Chair of the Digital Assets Advisory Group, stated that striking a balance between innovation and investor protection grounded in integrity is critically important. The SFC is committed to fostering a thriving and sustainable digital asset market in Hong Kong, ensuring that regulatory policies are pragmatic, effective, and appropriate.
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