According to CryptoWorld News, Wu has learned that Huang Tianyou, Chairman of the Securities and Futures Commission of Hong Kong, said at the “Digital Hong Kong Financial Summit 2026” that the 2025 trading amount of 12 Hong Kong licensed virtual asset trading platforms is expected to exceed HK$640 billion. This year, the trading amount in the first quarter has increased by nearly three times year-on-year. He said that Hong Kong will optimize, at the institutional level, a comprehensive regulatory framework for virtual assets, covering key areas such as custody, trading, asset management, and investment advisory. At present, the public consultation on the relevant licensing regime has been completed. It will be finalized together with the Hong Kong Financial Services and the Treasury Bureau on legislative proposals, with the goal of submitting a draft ordinance to the Legislative Council in 2026 to establish a regulatory system fully aligned with international standards.

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AirdropJanitor
· 13h ago
Chairman Huang's words sound credible, but the key is in the execution—don't turn it into an empty promise again.
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ThinkForThreeSecondsBefore
· 13h ago
The card dealing consultation is all done; the treasury bureau should finalize it quickly. Practitioners are waiting so long they've gone gray.
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PocketAlphaPia
· 14h ago
Aligning fully with international standards, this is about competing with Singapore for the position of Asia-Pacific hub.
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TableNextToJupiter
· 14h ago
640 billion, that's a pretty huge number. Hong Kong is definitely serious about this move.
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GateUser-44dde53b
· 14h ago
A threefold increase year-over-year indicates that both retail investors and institutions are rushing to Hong Kong; keeping up with regulation is the right move.
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