Webinar
Hong Kong SFC's New Virtual Asset Trading Platform Licensing Regime Consultation Paper: What You Need to Know Now
Date: 29 March 2023
On 29 March, Hong Kong partners Jay Lee and Carolyn Sng discussed the most important aspects of the Hong Kong Securities and Futures Commission's (SFC) recently published Virtual Assets-related Consultation Paper, which provides a framework of proposed regulations for a Hong Kong virtual asset trading platform licensing regime.
More specifically, they discussed:
- Pre-consultation regulatory frameworks
- Key pillars of the consultation licensing regime:
- Retail investors' access
- Token admission and review committee
- Specific token admission criteria
- Transitional arrangements
- Key deadlines
- Dual licensing regimes of crypto exchanges
The new regime is expected to have a big impact on crypto industries locally and globally, and it is drawing significant interest from both Hong Kong and overseas industry participants. Watch to learn more.
