The Hong Kong Securities and Futures Commission has released a regulatory roadmap for the Hong Kong virtual asset market
ChainCatcher news, the Hong Kong Securities and Futures Commission has released the "A-S-P-I-Re" roadmap for the Hong Kong virtual asset market. The Hong Kong SFC stated that in order to stay ahead in this ever-changing environment, the regulatory roadmap is based on five pillars, namely "A-S-P-I-Re" (Access, Safeguards, Products, Infrastructure, and Relationships), aimed at guiding the Hong Kong virtual asset ecosystem into the future.
The 12 specific measures in this roadmap include promoting market participation, implementing adaptive compliance and product frameworks, and upgrading infrastructure by combining the reliability of traditional finance with the efficiency of blockchain technology. This series of measures reflects our pragmatic approach to solidifying Hong Kong's role as a reliable virtual asset liquidity hub.