Hong Kong Securities and Futures Commission: Will expand the regulatory scope of virtual assets to include OTC Trading platforms and custodians.

According to Gate News bot, as reported by Wu, the CEO of the Hong Kong Securities and Futures Commission, Ashley Alder, made a statement on the development of virtual asset regulation in Hong Kong at the Caixin Summit. Hong Kong plans to further include OTC Trading platforms and custodial institutions into the regulatory framework based on the existing licensed exchanges.

Liang Fengyi emphasized that the Securities and Futures Commission continues to support spot virtual asset ETFs and staking services, committed to building a compliant and sustainable virtual asset ecosystem. In addition, the Securities and Futures Commission is promoting the application of securities tokenization and blockchain technology in Hong Kong.

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