The Hong Kong Securities and Futures Commission (SFC) exchanged views on virtual assets and new financial products.
TL;DR
The Hong Kong Securities and Futures Professionals Association and the SFC met to discuss virtual asset and new financial product regulation, focusing on policy interpretation, compliance standards, and industry development.
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According to Foresight News , the Hong Kong Securities and Futures Professionals Association (HKSPA) and the Hong Kong Securities and Futures Commission (SFC) held a meeting to discuss the development and regulation of the virtual asset industry and new financial products. The meeting primarily focused on interpreting the latest policies, discussing compliance standards and over-the-counter (OTC) trading regulations, and exploring the application of tokenized securities and the development path of derivatives. The meeting also addressed issues such as optimizing asset transfer processes, clarifying the role of market makers, and improving company upgrade mechanisms, aiming to jointly promote the sound development of the industry.