Hong Kong Financial Services and Treasury Bureau and Hong Kong Securities and Futures Commission: Publish consultation conclusions on legislative prop...
TL;DR
Hong Kong's FSB and SFC have released consultation conclusions on licensing for virtual asset trading and custody, and are now seeking public input on separate licensing for advice and management services.
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Odaily Odaily reported on December 24th that the Hong Kong Financial Services and the Treasury Bureau (FSB) and the Securities and Futures Commission (SFC) jointly released the conclusions of their consultation on the legislative proposal to establish a licensing regime for virtual asset trading and custody service providers. The FSB and SFC also launched a one-month public consultation today on establishing a separate licensing regime for service providers offering advice on virtual assets and virtual asset management service providers. (Jinshi)