The Securities and Futures Commission (SFC) of Hong Kong has released the Hong Kong Virtual Asset Market Regulation Roadmap

BlockBeats News, March 11th, the Hong Kong Securities and Futures Commission (SFC) has released the "A-S-P-I-Re" roadmap for the Hong Kong virtual asset market.

The SFC stated that to maintain a leading position in this ever-changing environment, the regulatory roadmap is built on five key pillars, namely "A-S-P-I-Re" (Access, Safeguards, Products, Infrastructure, and Relationships), aiming to guide the Hong Kong virtual asset ecosystem towards the future.

The roadmap's 12 specific measures include promoting market participation, implementing adaptive compliance and product frameworks, and upgrading infrastructure by combining the reliability of traditional finance with the efficiency of blockchain technology (Jinse).