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SFC announces 12 new initiatives to boost the crypto industry in Hong Kong

Summary by coinstats.app

Today, the Securities and Futures Commission (SFC) announced 12 initiatives to boost the security, innovation, and growth of the virtual assets (VA) market in Hong Kong through regulatory clarity. The new regulatory frameworks for VA over-the-counter and VA custodian services will be developed as VA product and service offerings expand. According to the SFC, the 12 initiatives will enhance the security, innovation, and growth of Hong Kong’s cry…

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Markets Media

Hong Kong Sets Out Roadmap for Global Virtual Asset Hub - Markets Media

The Securities and Futures Commission (SFC) outlined 12 major initiatives to enhance the security, innovation and growth of Hong Kong’s virtual asset (VA) market under a five- pillar “ASPIRe” roadmap, which stands for Access, Safeguards, Products, Infrastructure and Relationships (see Appendix). The initiatives will streamline access for global liquidity, enable adaptive compliance and product frameworks focusing on security, and drive infrastru…

2 days ago

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Blockhead

Hong Kong Unveils Regulatory Roadmap For Virtual Assets Ecosystem

Hong Kong's regulator has unveiled a series of actions that aim to promote the city's virtual asset market.The Securities and Futures Commission (SFC) has introduced 12 key initiatives under a strategic five-pillar framework called “ASPIRe,” which stands for Access, Safeguards, Products, Infrastructure, and Relationships. The roadmap is designed to position Hong Kong as a leading global hub for digital assets by improving regulatory clarity and …

2 days ago

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Cryptopolitan

SFC announces 12 new initiatives to boost the crypto industry in Hong Kong

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coinstats.app

CoinStats - SFC announces 12 new initiatives to boost the...

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international-adviser.com

SFC unveils roadmap for Hong Kong's 'global virtual asset hub'

The Securities and Futures Commission (SFC) today (19 February) outlined 12 major initiatives to enhance the security, innovation and growth of Hong Kong’s virtual asset (VA) market under a five- pillar “ASPIRe” roadmap, which stands for Access, Safeguards, Products, Infrastructure and Relationships. The initiatives will streamline access for global liquidity, enable adaptive compliance and product frameworks focusing on security, and drive infr…

3 days ago

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Metaverse Post

Hong Kong’s SFC Publishes ‘ASPIRe’: New Regulatory Roadmap Shaping City-State’s Market Future

Hong Kong Securities and Futures Commission (SFC) announced the release of its new “ASPIRe” roadmap, which outlines 12 key initiatives aimed at streamlining market access, creating adaptive compliance and product frameworks, and upgrading infrastructure to combine the reliability of traditional finance (TradFi) with the efficiency of blockchain technology. This approach highlights Hong Kong’s strategic efforts to establish itself as a trusted hu…

3 days ago

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