TechFlow news, October 28 — According to Jinshi Data, in support of licensed virtual asset trading platforms developing sustainable business models, the Hong Kong Securities and Futures Commission (SFC) is establishing a formal advisory group comprising representatives from each licensed platform. This aims to ensure that the SFC takes their perspectives into account when formulating policies.
The SFC expects the advisory group to be launched in early 2025. Future white papers issued by the SFC on priority regulatory matters for the virtual asset industry will be based on discussions within this group and feedback from other stakeholders.
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