OSL: The Hong Kong market is expected to accelerate the introduction of new tokens

ChainCatcher news, OSL Executive Director and Head of Regulatory Affairs, Diao Jiajun, revealed that the Hong Kong Stock Exchange's launch of the virtual asset index series is an important development milestone for the industry. The introduction of local indices and infrastructure is undoubtedly a breakthrough development, which is expected to accelerate the introduction of new tokens in the Hong Kong market and support the development of more innovative retail products, further promoting the improvement and upgrading of Hong Kong's virtual asset ecosystem.

Under the Hong Kong Securities and Futures Commission's Virtual Asset Trading Platform (VATP) regulatory framework, each platform must consider independent indices when evaluating tokens for retail investors to buy and sell. Before the launch of the virtual asset index series, the market had to rely on overseas indices.