TechFlow News, May 31: In his latest speech, Ashley Alder, Chief Executive Officer of the Securities and Futures Commission (SFC) of Hong Kong, revealed that the trading volume of Hong Kong’s 12 licensed virtual asset trading platforms in 2025 has exceeded HK$640 billion. In the first quarter of this year alone, trading volume surged nearly threefold year-on-year. Additionally, brokerage firms engaged in virtual asset-related businesses recorded over 80% year-on-year growth in commission income from such activities last year.
At the regulatory level, Hong Kong will refine its comprehensive regulatory framework for virtual assets—covering key areas including custody, trading, asset management, and investment advisory services. Public consultation on the relevant licensing regime has concluded, and the SFC is now coordinating with the Hong Kong Financial Services and the Treasury Bureau to finalize legislative proposals, targeting submission of a bill to the Legislative Council in 2026. The objective is to establish a regulatory regime fully aligned with international standards and strictly adhering to the principle of “same business, same risk, same rules.”
