The Hong Kong Securities and Futures Commission releases the regulatory roadmap for Hong Kong's virtual asset market

The Hong Kong Securities and Futures Commission (SFC) has released an "A-S-P-I-Re" roadmap for the Hong Kong virtual asset market. The SFC stated that in order to maintain a leading position in this ever-changing environment, the regulatory roadmap is based on five pillars, namely "A-S-P-I-Re" (Access, Safeguards, Products, Infrastructure, and Relationships), aiming to guide the Hong Kong virtual asset ecosystem towards the future. The 12 specific measures of this roadmap include promoting market participation, implementing adaptive compliance and product frameworks, as well as upgrading infrastructure by combining traditional financial reliability with blockchain technology efficiency. This series of measures reflects our pragmatic approach aimed at consolidating Hong Kong's role as a reliable hub for virtual asset liquidity.