Hong Kong Securities and Futures Commission: Welcomes Budget Measures, Plans to Establish Digital Asset Accelerator
The Hong Kong Securities and Futures Commission (SFC) announced that, to prepare for future market developments, the Financial Services and the Treasury Bureau and the SFC are advancing legislative proposals to regulate virtual asset trading and custodian service providers, with the aim of enhancing Hong Kong’s digital asset regulatory framework. The SFC also plans to further enhance liquidity in the digital asset market, expand the range of products available to professional investors, and establish a Digital Asset Accelerator to assist trading platforms in developing innovative projects. The SFC welcomes the measures proposed by Mr. Paul Chan, Secretary for Financial Services and the Treasury, in the 2026–2027 Budget, which will further consolidate Hong Kong’s position as an international financial center and promote the mutual empowerment of finance and innovation and technology to support national development.
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