TechFlow news, June 27 — According to Jinshi Data, the Hong Kong Financial Services and the Treasury Bureau and the Securities and Futures Commission (SFC) launched a joint consultation today to introduce a regulatory regime for providers of virtual asset trading and custodial services. The proposed regime will empower the SFC to license and supervise virtual asset trading service providers and custodial service providers, and enforce relevant regulations. The SFC will also be responsible for setting compliance standards for these two types of key service providers, ensuring robust investor protection measures and market integrity based on the principle of "same business, same risk, same rules." This move reflects the SFC's active implementation of various initiatives under the "ASPIRe" roadmap, continuing to build a vibrant, secure, and sustainable digital asset market.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
