Hong Kong is preparing to introduce new guidelines for virtual assets (VA), aiming to strengthen regulatory clarity and enhance investor protection in the rapidly evolving crypto market. The updated framework is expected to improve compliance standards, increase transparency, and position Hong Kong as a leading global hub for digital assets and blockchain innovation. With clearer rules on licensing, custody, and risk management, the city is signaling its commitment to balancing innovation with responsible oversight. 🌍 Could this move attract more global crypto businesses to Hong Kong?
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🚀 #HongKongPlansNewVAGuidelines
Hong Kong is preparing to introduce new guidelines for virtual assets (VA), aiming to strengthen regulatory clarity and enhance investor protection in the rapidly evolving crypto market.
The updated framework is expected to improve compliance standards, increase transparency, and position Hong Kong as a leading global hub for digital assets and blockchain innovation.
With clearer rules on licensing, custody, and risk management, the city is signaling its commitment to balancing innovation with responsible oversight.
🌍 Could this move attract more global crypto businesses to Hong Kong?