Hong Kong Securities Regulatory Commission: Implement virtual asset trading from June 1

According to the official website of the Hong Kong Securities Regulatory Commission, the consultation period on the proposed regulatory requirements applicable to operators of virtual asset trading platforms licensed by the Securities and Futures Commission ended on March 31, 2023. Proposed regulations for asset trading platforms. The revised proposed regulations will come into effect on 1 June 2023. The Council noted that respondents expressed strong support for allowing licensed virtual asset trading platforms to provide services to retail investors. The Commission will implement the proposal to allow licensed virtual asset trading platforms to provide services to retail investors.