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

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

The Hong Kong Securities and Futures Commission expects the advisory group to be launched in early 2025. In the future, the Commission will release a white paper on priority regulatory issues in the virtual asset industry, based on discussions conducted by the group and feedback from other stakeholders.