Hong Kong Securities and Futures Commission CEO: Crypto Regulatory Roadmap to be released today, focusing on protecting investors and covering different participants

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ODAILY
02-19
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Odaily reports that Julia Leung, CEO of the Hong Kong Securities and Futures Commission (SFC), stated at Consensus Hong Kong 2025 that the US SEC's progress in crypto regulation is rapid, and Hong Kong is also actively considering its position in the crypto wave. Crypto regulations in other regions cannot be adapted to Hong Kong. Starting in 2023, Hong Kong will establish a licensing regime to regulate the development of trading platforms in the city, and financial service providers such as banks and brokers will also adopt a licensing system. The custody of crypto assets, OTC, and the issuance of crypto financial products will all be subject to regulation. This afternoon, the SFC will release a regulatory roadmap focusing on investor protection, covering different participants in the ecosystem, and will be consistent, making corporate compliance clearer.

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