TechFlow reports, on February 12, according to Hong Kong's Wen Wei Po, Financial Secretary and Head of the Treasury of Hong Kong, Mr.许正宇 (Xu Zhengyu), stated that the Hong Kong government will introduce new regulatory measures for virtual assets.
The specific measures include: implementing regulation on stablecoin issuers, establishing regulatory rules for custodians and over-the-counter trading. Meanwhile, virtual asset funds meeting tax ordinance requirements will receive tax exemptions.
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