The Hong Kong Securities and Futures Commission (SFC) convened its third Digital Assets Advisory Group meeting to explore ways to enhance exchange liquidity.

According to TechFlow TechFlow, on February 6th, the Hong Kong Securities and Futures Commission (SFC) held its third Digital Assets Advisory Group meeting, discussing the future regulatory development of digital assets in Hong Kong with licensed virtual asset trading platforms. The meeting discussed plans to strengthen the digital asset ecosystem, including improving the liquidity of licensed virtual asset trading platforms and further expanding regulatory measures for product and service types. Dr. Yip Chi-hang, Executive Director of the Institutional Division of the SFC and Chairman of the Digital Assets Advisory Group, stated that striking a balance between innovation and investor protection based on integrity is extremely important. He pledged to work towards building a prosperous and sustainable digital asset market in Hong Kong, ensuring that regulatory policies are pragmatic, effective, and appropriate.