The Hong Kong Securities and Futures Commission (SFC) has made significant progress on its February 2025 regulatory roadmap, achieving 65% completion, according to Eric Yip, a member of the SFC Executive Committee. Speaking at the Finternet 2025 Asia Digital Asset Summit, Yip highlighted the SFC's commitment to a stable regulatory approach, aiming for full completion by next year.
The roadmap, known as 'ASPIRe,' outlines 12 initiatives across five pillars to bolster the safety, innovation, and growth of Hong Kong's virtual asset market. Key areas of focus include streamlining market access, enhancing safeguards, expanding product offerings, upgrading infrastructure, and fostering collaboration among stakeholders. SFC Chief Executive Linda Liang reiterated the roadmap's goal to expand virtual asset trading platform services while ensuring compliance and investor protection.
Hong Kong SFC Advances Regulatory Roadmap, Achieves 65% Completion
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
