OSL: The Hong Kong market is expected to accelerate the introduction of new tokens
2024-11-19 09:31:06
Osl Executive Director and Head of Legal Affairs Diao Jiajun Disclosure HKExdesk3cryptocurrencydesktopCrypto News
Diao Jiajun, Executive Director and Head of Regulatory Affairs of OSL, revealed that the launch of the virtual asset index series by the Hong Kong Stock Exchange is an important development milestone in the industry. The introduction of local indices and infrastructure is undoubtedly a breakthrough development. It is expected to accelerate the introduction of new tokens in the Hong Kong market and help support and develop more innovative retail products. It is expected to further promote the improvement and upgrading of the virtual asset ecosystem in Hong Kong. Under the regulatory framework of the Virtual Asset Trading Platform (VATP) of the Hong Kong Securities Supervision Commission, each platform must consider independent indices when evaluating the inclusion of tokens for retail investors to trade. Before the launch of the virtual asset index series, the market needs to rely on overseas indices.
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