Hong Kong SFC introduces measures to promote global connectivity in the digital asset market
According to ChainCatcher, citing Golden Ten Data, Huang Lexin, Director of the Intermediaries Division and Head of the Fintech Unit at the Hong Kong Securities and Futures Commission (SFC), stated that Hong Kong has incorporated "connecting global liquidity" into its digital asset development roadmap. The goal is to enable Hong Kong investors to access global markets and attract more institutional trading businesses to Hong Kong. The SFC will allow licensed cross-border trading platforms to share global order books with overseas affiliates as a primary step toward achieving global connectivity. Currently, two consultations are underway to improve the ecosystem, with plans to issue licenses to virtual asset custodians and explore bringing investment advisory services and specific asset classes under regulatory oversight.
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