According to BlockBeats news on September 26th, Hong Kong Chief Executive Carrie Lam stated that the Securities and Futures Commission (SFC) has released a list of licensed platforms, which is believed to help investors make informed decisions. Lam urged investors to invest in licensed platforms and warned that investing in unlicensed platforms would be at their own risk. Furthermore, Lam stated that the government will ensure that the information provided is as transparent and clear as possible, promote investor education, and advise everyone to understand the nature and risks of investment products as much as possible.

BlockBeats reported on September 26th that China Taiping Insurance Group's China Taiping Investment Management (Hong Kong) Limited ("Taiping Asset Management Hong Kong") announced that its existing Type 1 (securities trading) and Type 4 (advising on securities) regulated activities have been approved for upgrade by the Hong Kong Securities and Futures Commission. From now on, Taiping Asset Management Hong Kong can provide distribution and investment advisory services to funds with a virtual asset investment ratio exceeding 10%. This upgrade marks an important step for Taiping Asset Management Hong Kong in the virtual asset field, while adhering to compliance and regulatory requirements. With the above licenses upgraded, Taiping Asset Management Hong Kong will continue to deepen its involvement in various areas related to virtual assets, including fund distribution and investment advisory services, empower virtual asset projects, and work with reliable partners to contribute to Hong Kong's sustainable and responsible development as a virtual asset center, form a virtual asset ecosystem, and contribute to the road towards Web3's mass adoption.

According to BlockBeats news on September 25th, since the new virtual asset regulations in Hong Kong took effect on June 1st, besides the two licensed cryptocurrency trading platforms (OSL Digital Securities Limited and Hash Blockchain Limited), four other companies have applied for licenses. The regulatory agency stated that these four companies are HKVAX, HKBitEx, Hong Kong BGE Limited, and Victory Securities.

BlockBeats news, on July 7th, Fang Hongjin, co-chairman of the Hong Kong Blockchain Association, expressed different views on the Hong Kong dollar stablecoin. In his article, he disagreed with the suggestion of using foreign exchange reserves as collateral to issue Hong Kong dollar stablecoins outside of the Hong Kong government. He believes that it is illogical for the Hong Kong government to use its own fiat currency as collateral and then issue a derivative substitute, which will inevitably cause confusion in practice. Fang Hongjin stated that issuing a Hong Kong dollar stablecoin is meaningful, but it should not be issued by the Hong Kong government. Instead, private institutions should issue it in compliance with the supervision of the Hong Kong government.

BlockBeats reported on July 6th that the Director of the Financial Technology Group of the Securities and Futures Commission (SFC) in Hong Kong, Edmond Lau, stated in an interview with blockchain analytics company Elliptic that the SFC will soon issue an updated notice to change its view on securities token offerings (STOs) from four years ago in 2019. Securities tokens or real-world assets (RWAs) will not be defined as complex products and will have the opportunity to be offered to retail investors. Additionally, RWAs will be regulated based on underlying assets, such as if a tokenized asset is a bond, it will be regulated in the form of a bond.

BlockBeats reported on July 5th that according to Economic Information Daily, Nanhuafinancial Group announced that its subsidiary, Nanhua Securities, has become one of the first financial institutions to receive a license from the Hong Kong Securities and Futures Commission after the implementation of the virtual asset service provider system. Nanhua Securities was approved by the Hong Kong Securities and Futures Commission on March 17th this year to become an introducing agent for virtual asset trading platforms. With this approval, professional investor clients can now be introduced by Nanhua Securities to trade virtual assets on virtual asset trading platforms.

BlockBeats reported on July 4th that Hong Kong legislator Wu Jiezhuang initiated a poll on social media with the theme "In order to further promote Hong Kong as the center of web3, the government and Hong Kong regulatory agencies should define and create a semi-private blockchain to integrate all financial services, and create a public blockchain to promote daily applications." As of the time of posting, a total of 86 people participated, with 74.4% expressing support and 17.4% opposing. The vote will continue for another day.