The Hong Kong Securities and Futures Commission held the third meeting of the Digital Assets Consultation Group to discuss the future regulatory development of digital assets.

On February 6, the Hong Kong Securities and Futures Commission held the third meeting of the Digital Assets Advisory Group and invited licensed virtual asset trading platforms to discuss the future regulatory development of digital assets in Hong Kong. During the meeting, participants discussed plans to strengthen the digital asset ecosystem, including enhancing the liquidity of licensed virtual asset trading platforms and further expanding regulatory measures for product and service types. Dr. Kris Poon, Executive Director of Intermediaries at the Hong Kong Securities and Futures Commission and Chairman of the Digital Assets Advisory Group, said, "The Hong Kong Securities and Futures Commission has been committed to promoting a vibrant and sustainable digital asset market in Hong Kong. As we welcome the Year of the Horse, symbolizing perseverance, we reaffirm the importance of striking a balance between innovation and robust investor protection. Through close cooperation with industry stakeholders, we ensure that our regulatory policies are pragmatic, effective, and appropriate." Under the pillar of Relationships in the ASPIRe roadmap, the Hong Kong Securities and Futures Commission will continue to work actively with licensed virtual asset trading platforms through the Digital Assets Advisory Group to promote the establishment of a resilient and globally competitive digital asset ecosystem.