The Hong Kong Securities and Futures Commission (SFC) is finalizing a regulatory framework for digital asset trading and custody services.

According to Mars Finance, Ms. Leung Fung-yee, Chief Executive Officer of the Hong Kong Securities and Futures Commission (SFC), stated that Hong Kong is committed to building a safe and reliable digital asset platform and is finalizing the regulatory framework for digital asset trading and custody services. This will be the final two pieces of the regulatory "puzzle" for establishing a robust digital asset ecosystem. Hong Kong is increasingly adopting tokenized financial products, such as green bonds, SFC-approved money market funds, and retail gold products. The market size for these tokenized products in Hong Kong is approximately US$3 billion.