The Hong Kong Securities Association and the Securities and Futures Commission exchanged views on virtual assets and new financial products, intending to clarify the role of market makers

The Hong Kong Securities and Futures Professionals Association officially announced that it has held a meeting with the Hong Kong Securities and Futures Commission, focusing on the development and regulation of the virtual asset industry and new financial products. The meeting primarily interpreted the latest policies, discussed compliance standards and over-the-counter trading regulation, and delved into the application of tokenized securities and the development path of derivatives.

At the same time, the meeting also discussed topics such as optimizing the asset transfer process, clarifying the role of market makers, and improving the company upgrade mechanism, aiming to jointly promote the robust development of the industry.