The Hong Kong Securities and Futures Commission has released the "Strategic Priorities for 2024 to 2026": Regulatory guidelines will be provided for new virtual asset activities

ChainCatcher news, the Hong Kong Securities and Futures Commission has released the "Strategic Priorities for 2024 to 2026," which mainly includes: 1. Maintaining market resilience to mitigate severe damage to the market; 2. Enhancing the global competitiveness and attractiveness of market capital; 3. Leading the transformation of the financial market through technology and ESG (i.e., Environmental, Social, and Governance); 4. Improving institutional resilience and operational efficiency.

In terms of virtual assets, the Hong Kong Securities and Futures Commission will provide regulatory guidance on new virtual asset activities and promote the development of a regulatory framework for virtual asset trading platforms. While supporting the tokenization of traditional products, it will protect investor interests by utilizing blockchain and Web3 foundational technologies, fostering the establishment of a responsible and secure fintech ecosystem, and building closer ties with local and international law enforcement agencies to combat crime.