The Hong Kong Securities and Futures Commission is establishing a consultation group for a virtual asset trading platform, which will be launched in early 2025

ChainCatcher message, to support licensed virtual asset trading platforms in developing sustainable business models, the Hong Kong Securities and Futures Commission (SFC) is establishing a formal advisory group for all licensed virtual asset trading platforms, composed of representatives from each licensed institution, to ensure that the SFC considers their views in the policy-making process.

The SFC expects this advisory group to be launched in early 2025. The SFC will publish a white paper on priority regulatory matters for the virtual asset industry in the future, based on discussions from this group and feedback from other stakeholders.