Chen Maobo: Hong Kong Securities Supervision Commission will promote the implementation of a licensing system for virtual asset trading platforms to enable their responsible and sustainable development

The Financial Secretary of Hong Kong, Paul Chan, said that under the leadership of Dr. Wong, the Securities Supervision Commission will continue to implement the dual roles of regulator and market development promoter to ensure the fair, transparent and orderly operation of the local securities and futures markets, and focus on reform and innovation to consolidate and enhance Hong Kong's status as an international financial center. The Hong Kong Securities Supervision Commission has also continued to promote the development of regulatory systems, such as the implementation of a licensing system for virtual asset trading platforms, so that they can develop responsibly and sustainably. The Securities Supervision Commission is also actively involved in international regulatory cooperation and standard setting.