Deep Tide TechFlow News: On June 02, according to a report by the Hong Kong Economic Journal, regarding concerns raised by Hong Kong Legislative Council members about whether virtual-asset financial influencers (KOLs) may be operating in regulatory gray areas, Ye Zhiheng, Executive Director of the Intermediaries Division of the Securities and Futures Commission (SFC) of Hong Kong, said that financial influencers are the new business norm. They are no longer the traditional relationship between individuals and traditional brokers, but rather the relationship between individuals and platforms. However, many platforms are not based in Hong Kong, and their coverage has no clear boundaries, which is a pain point for global regulators. The SFC has already begun working closely with the industry to gain a better understanding and to discuss whether new regulatory considerations are needed, including improvements to licensing and codes of conduct.