Hong Kong Legislative Council Member Li Weihong: Moderately allow retail investors to participate in large-scale cryptocurrency trading

On July 24th, Li Weihong (financial services industry), a member of the Hong Kong Legislative Council, suggested that the Hong Kong Special Administrative Region government can take optimization measures for the following series of financial policies to further promote the development of Hong Kong's financial services industry. He pointed out that the industry welcomes the Securities Supervision Commission to accept the industry's opinions and moderately allow retail investors to participate in large-scale cryptocurrency trading on virtual asset transactions. It is recommended that regulators steadily add retail investors to participate in more different virtual asset product transactions by strengthening investor education, and emphasize that they will receive greater regulatory protection in local compliance platforms to promote the development of Hong Kong's virtual asset market.