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Hong Kong Introduces New Licensing Rules for Crypto Advisory Services

Crypto.News

Hong Kong is introducing new licensing rules for virtual asset advisory services.

Hong Kong plans to introduce new licensing rules for virtual asset advisory and management service providers.

  • Hong Kong's Financial Services and the Treasury Bureau is working on new licensing rules to expand oversight of the virtual asset market.
  • The Securities and Futures Commission is taking steps to strengthen the regulatory framework for virtual asset advisory services.

New licensing rules could strengthen Hong Kong's regulatory framework for the virtual asset market, enhancing sector reliability and investor protection.