Licensed platforms in Hong Kong may be allowed to offer qualified large virtual assets to retail customers

2023-02-20 17:17:12
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ChainCatcher news, the Hong Kong Securities and Futures Commission stated in a consultation document released today that, in addition to the general criteria for token inclusion, licensed platform operators intending to offer virtual assets to retail customers should also ensure that the selected virtual assets are qualified large virtual assets ("qualified large virtual assets" refer to virtual assets included in at least two "accepted indices" launched by at least two independent index providers).

In addition, regarding the review criteria, apart from accepted indices, factors such as the management team of the virtual asset, regulatory status, market capitalization, daily trading volume, security infrastructure, market risk, and legal risk will also be considered as criteria for token inclusion. (source link)

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