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# Web3Policy
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neesa04
🚨 Policy Update: #HongKongPlansNewVAGuidelines
Hong Kong is moving to strengthen its position as a global hub for digital assets with upcoming virtual asset (VA) guidelines led by the Securities and Futures Commission.
What the new direction signals: 🔹 Potential approval for licensed brokers to offer margin trading on virtual assets
🔹 Expanded regulatory coverage for VA dealing and custody services
🔹 Clearer compliance standards to enhance investor protection
🔹 A structured framework aimed at attracting institutional participation
This approach reflects a broader strategy: regulated innov
Hong Kong is moving to strengthen its position as a global hub for digital assets with upcoming virtual asset (VA) guidelines led by the Securities and Futures Commission.
What the new direction signals: 🔹 Potential approval for licensed brokers to offer margin trading on virtual assets
🔹 Expanded regulatory coverage for VA dealing and custody services
🔹 Clearer compliance standards to enhance investor protection
🔹 A structured framework aimed at attracting institutional participation
This approach reflects a broader strategy: regulated innov
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